When the U.S. exchange rate rises, the trade deficit will:
A. be balanced by an increase in net exports.
B. remain unaffected.
C. usually rise, too.
D. usually fall.
Answer: C
Economics
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An increase in government expenditure on goods and services ________ aggregate demand, shifting the aggregate demand curve ________ and potentially bringing the ________ phase of the business cycle
A) decreases; rightward; expansion B) increases; rightward; recession C) decreases; leftward; recession D) increases; rightward; expansion E) increases; leftward; recession
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Which of the following is most likely to be a fixed resource for Paul's Country Fresh Pies, Inc?
a. berries b. flour c. bakers d. eggs e. ovens
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