Multiple Choice
The large budget deficits of the U.S. government in the 2000s have not increased domestic interest rates because:
A) Americans increased their rate of saving.
B) businesses cut back on investment spending by an equal amount.
C) the value of the U.S. dollar rose.
D) foreigners were willing to buy the increased U.S. debt.
Correct Answer:
Verified
Correct Answer:
Verified
Q38: If Japan adopts an expansionary monetary policy,
Q39: In the early 2000s, the dollar depreciated
Q40: If foreigners become unwilling to hold U.S.
Q41: Considering only its direct effect on income,
Q42: A low exchange rate for the dollar
Q44: International goals become primary goals when:<br>A)there is
Q45: A large trade deficit that the United
Q46: What is the primary benefit to the
Q47: If a country's trade deficit increases, then:<br>A)its
Q48: In the 1980s, Japan had a significant