A shrinking U.S. budget deficit in the 1990s coincided with a ______ U.S. trade deficit.
A) shrinking
B) continuing
C) nonexistent
D) stable
Correct Answer:
Verified
Q50: When the real exchange rate rises:
A) exports
Q51: The lower the real exchange rate is,
Q52: In a small open economy with perfect
Q53: In a small open economy, if the
Q54: The real exchange rate:
A) measures how many
Q56: If the real exchange rate is high,
Q57: In an open economy:
A) a trade deficit
Q58: If the number of dollars per yen
Q59: In a small open economy, when the
Q60: Based on a Cobb-Douglas production function and
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