Used alone, an expenditure-reducing policy that lowers aggregate demand
A) will not reduce the current account deficit.
B) is likely to cause a recession.
C) will be likely to increase the current account deficit.
D) is likely to increase domestic inflation.
B
Economics
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A) only in U.S. financial markets. B) only in foreign financial markets. C) in both U.S. and foreign financial markets. D) only from the U.S. government.
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State and local governments rely on ________ as their primary source of tax receipts
A) personal taxes B) contributions for social insurance C) indirect business taxes D) corporate taxes
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