If a Large Open Economy,like the United States,reduces Its Budget

question 134

Multiple Choice

If a large open economy,like the United States,reduces its budget deficit,what impact would this have on a small open economy?

• A) higher savings
• B) increased investment
• C) increased net savings
• D) no change in interest rates

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Definitions:

Personal Communication Network

A system or network facilitating communication between individuals, typically through telephones or the internet.

New Media

Digital forms of communication, including the internet, social media, and mobile apps, that have emerged in the late 20th and early 21st centuries.

Communicator's Context

The environment and circumstances surrounding the sender of a message, which can affect the meaning and reception of communication.

Act Of Communication

The process of conveying information or expressing thoughts and feelings from one entity to another through various forms and channels.