Multiple Choice
If action by the President and Congress reduces the federal government budget deficit,then interest rates will __________,the U.S.dollar will __________,and the foreign trade deficit will __________.
A) increase; appreciate; increase
B) increase; depreciate; increase
C) decrease; appreciate; decrease
D) decrease; depreciate; increase
E) decrease; depreciate; decrease
Correct Answer:

Verified
Correct Answer:
Verified
Q76: Which institution was created under the Employment
Q77: Almost one-half of federal spending consists of
Q78: According to the budget philosophy of functional
Q79: The federal government budget is<br>A)a year-end record
Q80: If aggregate output is increasing,<br>A)both b and
Q82: Increases in the fraction of national debt
Q83: Federal spending (including transfer payments),as a percent
Q84: U.S.debt has never exceeded 100 percent of
Q85: National debt held by the public includes
Q86: In Keynes' philosophy of government budgets,<br>A)permanent deficits