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

Question

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

Quizplus · Accepted Answer

The Answer of In the graph shown, what could balance the trade deficit by reducing domestic consumption? 
A)Contractionary monetary policy. 
B)Lower domestic wages. 
C)A hurricane that damages domestic manufacturing plants. 
D)Expansionary fiscal policy.

In the Graph Shown, What Could Balance the Trade Deficit