Multiple Choice
When the UK is running a balance of payments deficit, this means that:
A) the UK is exporting high-productivity capital items.
B) the average wage level in the UK is very high.
C) the UK is importing more goods and services than it is exporting overseas.
D) the government has to take policies that will shift the aggregate supply curve to the left.
Correct Answer:
Verified
Correct Answer:
Verified
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