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In the Graph Shown, What Could Balance the Trade Deficit

Question 75

Multiple Choice

In the graph shown, what could balance the trade deficit (reduce domestic consumption) ? In the graph shown, what could balance the trade deficit (reduce domestic consumption) ?   A) Contractionary monetary policy B) Lower domestic wages C) A hurricane that damages domestic manufacturing plants D) Expansionary fiscal policy


A) Contractionary monetary policy
B) Lower domestic wages
C) A hurricane that damages domestic manufacturing plants
D) Expansionary fiscal policy

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