Changes in government spending and/or taxes as the result of legislation, is called

If the annual inflation rate in an economy is negative, the purchasing power of a dollar:

A) will remain the same over time. B) will increase over time. C) will decrease over time. D) can increase or decrease depending on the nominal interest rate.

Refer to the table above. Based on this information, we can conclude that Laborland has a ________

A) current account surplus B) current account deficit C) trade surplus D) budget deficit