For economic purposes in the United States, the working-age population does include people:

A common argument for fixed exchange rates is that they

A) give central banks greater freedom in adjusting their economy's level of output. B) forever free the central bank from have to adjust the exchange rate to fundamental changes in the economy. C) make trade more costly, and thus encourage domestic citizens to buy domestically produced output. D) all of the above E) none of the above

If the government of a country with a zero trade balances increases its budget deficit, then interest rates

a. rise and the trade balance moves to a surplus. b. rise and the trade balance moves to a deficit. c. fall and the trade balance moves to a surplus. d. fall and the trade balance moves to a deficit.