Assume the United States is currently running a current account deficit. The most effective way of eliminating this current account deficit would be to temporarily ________ government purchases and ________ the domestic money supply

A reduction in the ratio of the money supply to GDP is

a. financial deepening b. inflation c. financial repression d. real interest rate e. none of the above

The primary legislative branch of the European Union is called the

A) European Commission. B) European Parliament. C) European Court of Justice. D) European Council of Ministers. E) Council of the European Union.