When a country's export spending exceeds import spending, the country is experiencing a:
A) trade deficit.
B) trade surplus.
C) budget deficit.
D) none of the above.
B
Economics
You might also like to view...
The required reserves of a bank equal its ________ the required reserve ratio
A) loans divided by B) deposits divided by C) deposits multiplied by D) loans multiplied by
Economics
Supply-side tax cuts also tend to reduce aggregate demand and promote recession
a. True b. False Indicate whether the statement is true or false
Economics