In a Large Open Economy Like the United States,an Increased

question 107

Multiple Choice

In a large open economy like the United States,an increased government budget deficit which reduces national saving

• A)reduces investment and improves the current account balance.
• B)reduces investment and reduces the current account balance.
• C)has no effect on investment, but reduces the current account balance.
• D)has no effect on either investment or the current account balance.

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Definitions:

Political Party

An organized group of people with at least somewhat similar political aims and opinions, that seeks to influence public policy by getting its candidates elected to public office.

Immigration Laws

Statutes, regulations, and legal precedents governing who may enter the country, the duration of their stay, and their legal duties and rights.

Incarceration Rate

The number of individuals held in prison or jail per 100,000 people in a particular population.

Imprisonment Rate

The number of individuals incarcerated in a country's prison system per 100,000 of the population.