The sequence of events following an increase in the federal deficit would be higher interest rates, a(n)
a. depreciating dollar, and a larger current account deficit.
b. depreciating dollar, and a smaller current account deficit.
c. appreciating dollar, and a larger current account deficit.
d. appreciating dollar, and a smaller current account deficit.
c
Economics
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The precautionary principle is least likely to be applied to which of the following environmental issues?
a. Building a new road b. Global warming c. The approval process of a new pesticide d. Timber harvesting in a rainforest e. Storage of nuclear waste
Economics
Business optimism about future sales tends to __________ investment expenditures, shifting the AD curve to the __________
A) increase; left B) increase; right C) decrease; left D) decrease; right
Economics