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If Action by the President and Congress Reduces the Federal

Question 124

Multiple Choice

If action by the President and Congress reduces 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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