From 1992, America’s trade performance was marked by a(n)
A. reduced current account deficit.
B. increased current account deficit.
C. reduced capital account surplus.
D. increase in the growth of exports.
Answer: B
Economics
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Price controls:
a. are always popular with consumers because they lower prices. b. create shortages. c. increase producer surplus because firms can now sell a greater quantity of a good at a lower price. d. are necessary to preserve equity.
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The passive approach depends on the forces of what automatic stabilizers to close a recessionary gap?
a. Aggregate Demand b. Interest Rates c. Short Run Aggregate Supply d. Passive Approach depends on nothing to close recessionary gaps
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