From 1992, America's trade performance was marked by a(n)

a. reduced current account deficit.
b. increased current account deficit.
c. reduced capital account surplus.
d. increase in the growth of exports.

b

Economics

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Prior to almost all recessions since 1950, there has been a drop in

A) inflation. B) the money stock. C) the growth rate of the money stock. D) interest rates.

Economics

A substantial appreciation of the U.S. dollar will likely result in, all else equal,

A) lower demand for U.S. products and layoffs of U.S. workers. B) increased demand for U.S. products and increased employment of U.S. workers. C) lower foreign currency prices of U.S. products in foreign countries. D) higher U.S. dollar prices of foreign products in the United States.

Economics