From an overall standpoint,which statement is true?
A) The Texas economy is closely tied to the national economy.
B) The Texas economy is largely immune to the national economy.
C) The Texas economy is much larger than the national economy.
D) The Texas budget cycle effectively insulates the state economy from the rest of the world.

Question

Quizplus · Accepted Answer

Texas, as an integral part of the United States, is closely tied to the national economy. The state's economic performance is affected by various factors such as federal policies, interest rates, and global market trends, which all have national implications. While Texas's economy is diverse and robust, it is still interconnected to the larger US economy.

From an Overall Standpoint,which Statement Is True