Expansionary Fiscal Policy in an Open Economy

question 11

Multiple Choice

Expansionary fiscal policy in an open economy

• A)leads to a balance of trade surplus.
• B)decreases America's capital account surplus and the current account deficit by the same amount.
• C)increases both America's capital account surplus and current account deficit by equal amounts.
• D)increases America's capital account surplus more than it increases the current account deficit.

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Definitions:

Sick Role

A concept in medical sociology that describes the rights and obligations of individuals who are recognized as legitimately ill.

HIV Transmissions

The process by which the Human Immunodeficiency Virus (HIV) is spread from one person to another, typically through blood, semen, vaginal secretions, or breast milk.

Male-male Sexual Contact

Sexual activities that occur between two males, often discussed in the context of sexual health and transmission of diseases.

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Sexual activities involving individuals of the opposite sex, often resulting in reproduction.