Multiple Choice
The sequence of events following an increase in the federal deficit would be higher interest rates, a(n)
A) depreciating dollar, and a larger current account deficit.
B) depreciating dollar, and a smaller current account deficit.
C) appreciating dollar, and a larger current account deficit.
D) appreciating dollar, and a smaller current account deficit.
Correct Answer:

Verified
Correct Answer:
Verified
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