If its exports are greater than its imports, then a country has a:
A) government budget deficit.
B) trade surplus.
C) government budget surplus.
D) trade deficit.
Correct Answer:
Verified
Q72: In Econland exports equal 15 percent of total
Q73: A trade imbalance occurs when:
A)exports from and
Q74: Major macroeconomic issues include differences across countries
Q75: Major macroeconomic questions include all of the
Q76: The unemployment rate is the:
A)number of workers
Q78: Inflation was a major problem in the
Q79: If the unemployment rate increases from 4
Q80: Inflation is the increase in:
A)total output.
B)imports relative
Q81: The Federal Reserve makes decisions regarding:
A)monetary policy
Q82: When government revenue exceeds government spending, the
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