A country could correct a balance-of-payments surplus by

A. Expansionary fiscal policy.
B. Contractionary monetary policy.
C. Decreasing the money supply.
D. Increasing tariffs on imported goods.

Answer: A

Economics

You might also like to view...

Collusion occurs when firms ________

A) charge a price equal to their marginal cost of production B) conspire to set the quantity they produce or the prices they charge C) compete with each other by setting a price slightly lower than the rival's price D) compete with each other by differentiating their products

Economics

Consider the demand functions: A) Qd = 250 - 2P B) Qd = 300 - 3P. Which of the demand functions reflects a higher level of consumer incomes?

A) A B) B C) A and B reflect the same consumer incomes. D) More information is needed.

Economics