"in the past thirty years, the proportion of people who consider themselves to be ________ has increased the most."

1 answer:

8 0

In the past thirty years, the proportion of those who consider themselves to be INDEPENDENT has increase the most. Americans has two major parties, the republican and the democrats. Those individuals who did not belong to either of the group are called independent. The percentage of independent individuals currently in America is 42%, while the Democrat and the Republican are 31% and 25% respectively.

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The notation is Y = GNP = national income C = consumption I = private investment G = government spending X = exports M = imports

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The true statement is D. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being financed with foreign-controlled capital.

The above statement is based on the intimate relationship between a country's Balance of the Current Account (BCA) and how the country finances its domestic investments and pays for government expenditure.

Explanation:

National income = Y = GNP

Consumption = C

Private Investment = I

Government spending = G

Exports = X

Imports = M

Taxes = T

Therefore, the BCA = X-M = (S-1) + (T – G)

Where BCA = Balance of Current Account

Thus, the Balance of the Current Account (BCA) should be positive to avoid deficit-financing of government budgets.

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