Which of the following would not be a consequence of an increase in the U.S. government budget deficit?
a. the U.S. trade balance rises
b. the U.S. interest rate rises
c. domestic investment in the U.S. falls
d. the real exchange rate of the U.S. dollar appreciates
a
Economics
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An increase in economic growth in China will
A. shift the supply curve of US corn to the right. B. shift the supply curve of US corn to the left. C. shift the demand curve for US corn to the right. D. shift the demand curve for US corn to the left.
Economics
Use the Cobb-Douglas production function to explain why even massive movements of labor and capital across national borders may have little impact on differences in per capita income
What will be an ideal response?
Economics