Which one of the following would be most compatible with the goals of the government to both improve economic growth and reduce the trade deficit?
What will be an ideal response?
an expansionary monetary policy
Economics
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How can a trade deficit actually increase the productivity of an economy?
(A) By causing people to save. (B) By importing investment goods used for capital deepening. (C) By importing goods for short-term use. (D) By building up a large amount owed.
Economics
Big-push development projects normally require government funding because private sources are unwilling, and often unable, to support such large projects
Indicate whether the statement is true or false
Economics