The United States' balance of payments is likely to improve when
A) there is an increase in political instability in other countries.
B) the inflation rate in the United States rises relative to other countries.
C) the American government increases its spending on foreign aid.
D) American people want to invest more in foreign countries.
A
Economics
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With floating exchange rates
A) monetary policy is effective. B) fiscal policy is ineffective. C) monetary and fiscal policy are effective. D) fiscal and monetary policy are ineffective.
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Which of the following would likely be an example of a monopolistic industry?
a. fast-food restaurants b. cell phone service c. auto manufacturing d. none of the above
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