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If Actions by the President and Congress Reduce the Federal

Question 117

Multiple Choice

If actions by the president and Congress reduce the federal government budget deficit, then interest rates will _____, the U.S. dollar will _____, and the foreign trade deficit will _____.


A) increase; appreciate; increase
B) increase; depreciate; increase
C) decrease; appreciate; decrease
D) decrease; depreciate; increase
E) decrease; depreciate; decrease

Correct Answer:

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