Use the information below to answer the following questions.
Fact 25.4.1
You are given the following information about the country of Ecoland, whose currency is the turkey, and whose official settlements balance is zero.

-Refer to Fact 25.4.1. What is the value of the private sector deficit or surplus?
A)zero
B)-3 billion turkeys
C)-1 billion turkeys
D)-2 billion turkeys
E)+1 billion turkeys

Question

Use the information below to answer the following questions.
Fact 25.4.1
You are given the following information about the country of Ecoland, whose currency is the turkey, and whose official settlements balance is zero.
 
-Refer to Fact 25.4.1. What is the value of the private sector deficit or surplus?
A)zero 
B)-3 billion turkeys 
C)-1 billion turkeys 
D)-2 billion turkeys 
E)+1 billion turkeys

Quizplus · Accepted Answer

The private sector deficit is equal to the government surplus, which is -1 billion turkeys.

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