Relatively high interest rates in the United States contributes to a strong U.S. dollar (less dollars per another currency) and this may lead to a deficit on the U.S. current account

What is economic surplus? When is economic surplus at a maximum?

What will be an ideal response?

Whenever government spending is a substitute for private spending

A. the effects of expansionary fiscal policy are dampened. B. the Ricardian equivalence theorem holds. C. there is a direct multiplier effect. D. interest rates will rise.