A small open economy would typically enjoy a higher trade balance if, in the domestic economy, ________
A) autonomous consumption expenditures decrease
B) taxes go up
C) government spending decreases
D) all of the above
E) none of the above
D
Economics
You might also like to view...
Explain the difference between consumption and capital goods
What will be an ideal response?
Economics
To counter a speculative attack on an overvalued currency, the monetary policymakers must ________ monetary policy and to fight a recession the monetary policymakers must ________ monetary policy.
A. ease; ease B. tighten; tighten C. tighten; ease D. ease; tighten
Economics