Multiple Choice
If there is an increase in taxes on business firms in a small open economy,it causes the current account to ________ and the equilibrium quantity of saving to ________.
A) fall; fall
B) rise; remain unchanged
C) fall; remain unchanged
D) rise; fall
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q45: Suppose output is $35 billion,government purchases are
Q46: What determines the interest rate in a
Q47: Net exports of goods are known as<br>A)the
Q48: When there are two large open economies,the
Q49: Which of the following would be part
Q51: Suppose the government of a small open
Q52: Consider a small open economy with desired
Q53: Consider a small open economy in equilibrium
Q54: Due to a change in the regulatory
Q55: A large open economy's real interest rate