Suppose that the Fed decides to decrease the growth rate of the money supply in the United States. What is most likely to happen to the U.S. trade deficit and to GDP?
a. The trade deficit will fall; GDP will fall.
b. The trade deficit will rise; GDP will rise.
c. The trade deficit will fall; GDP will rise.
d. The trade deficit will rise; GDP will fall.
d
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The system of grants from one level of government to another is an example of fiscal federalism
a. True b. False Indicate whether the statement is true or false
Singapore's health care system is identified by critics of the PPACA as one good alternative system to study and emulate. Singapore has the following characteristics, except:
A. Singapore has among the world's lowest infant mortality rates B. Singapore spends about the same on health care per person as the U.S., but it ranks among the top in every health-quality category monitored by the World Health Organization unlike the U.S. C. Singapore has among the world's highest life expectancies D. Singapore spends less than 4% of its GDP on health care