In the early 1970s, the U.S. ran large balance of payments ________, causing an ________ dollar and an ________ German mark

A) deficits; undervalued; overvalued
B) deficits; overvalued; undervalued
C) surpluses; undervalued; overvalued
D) surpluses; overvalued; undervalued

B

Economics

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The federal deficit ________ in 2006 and 2007, and ________ in 2008

A) increased, increased further B) increased; decreased C) decreased; increased D) decreased; decreased further

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Why might a producer practice price discrimination?

A) to maximize profits B) to maximize quantity demanded C) to make its products more affordable to those with low incomes D) to maximize economic efficiency

Economics