The most effective way to reduce our current account deficit would be to
A. lower our service trade deficit.
B. lower our merchandise trade deficit.
C. raise our capital account surplus.
D. lower our capital account surplus.
B. lower our merchandise trade deficit.
Economics
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A decrease in the price level results in a(n) ________ in household consumption spending and a(n) ________ in investment spending
A) increase; increase B) decrease; increase C) increase; decrease D) decrease; decrease
Economics
When there are two large open economies, if desired international lending by the domestic country exceeds desired international borrowing by the foreign country, then
A) domestic saving must rise. B) domestic saving must fall. C) the world real interest rate must fall. D) the world real interest rate must rise.
Economics