17. Expansionary fiscal policy tends to: a. lower us income, reduce us imports, and lower the trade deficit b.lower us income, reduce us imports, and increase the trade deficit c. raise us income,...




17. Expansionary fiscal policy tends to:

a. lower us income, reduce us imports, and lower the trade deficit


b.lower us income, reduce us imports, and increase the trade deficit


c. raise us income, increase us imports, and lower the trade deficit


d. rasie us income, increase us imports, and increase the trade deficit.


18. When a country runs a trade deficit, it does so by:


a. lending to foreign countries or buying assets from them


b. borrowing from foreign countries or selling assets to them


c. lending to foreign countries or selling assets to them


d. borrowing from foreign countries or buying assets from them




May 19, 2022
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