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    Business
  3. Study Set
    Macroeconomics
  4. Exam
    Exam 23:Variable Net Exports
  5. Question
    If the US Economy Were to Go Through a Severe Recession by Recession
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If the US Economy Were to Go Through a Severe Recession by Recession

Question 20

Question 20

True/False

If the U.S. economy were to go through a severe recession by itself (i.e., without it being contagious to the rest of the world), we would typically observe an increase in the U.S. trade deficit.

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