A current account deficit means that exports exceed imports.
Answer the following statement true (T) or false (F)
False
You might also like to view...
The IS curve becomes steeper when there is
a. a higher marginal propensity to save. b. a smaller parameter measuring the interest sensitivity of investment. c. a lower marginal propensity to save. d. Both a and b e. Both b and c
In the long run, increased government spending is ineffective in raising equilibrium real GDP
a. True b. False Indicate whether the statement is true or false
Each of the following would decrease the supply of U.S. dollars, shifting the supply curve for dollars to the left, EXCEPT:
A. a decreased preference for foreign-made goods. B. a decrease in the real interest rate on foreign assets. C. a depreciation of the U.S. dollar relative to other currencies. D. a decrease in U.S. real GDP.
When the number of Alaskan fishermen increased, salmon prices fell to record lows. This could be shown graphically by a shift in the:
A. supply curve right. B. demand curve left. C. supply curve left. D. demand curve right.