When Macroeconomic Policies Are Not Coordinated

question 51

Multiple Choice

When macroeconomic policies are not coordinated,

• A)macroeconomic policies will not be effective.
• B)expansionary policies in one country are likely to increase global imbalances.
• C)worldwide recessions are likely.
• D)low-income countries cannot grow.

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Definitions:

Iroquois Confederacy

A historic alliance of six Native American tribes in the northeastern United States, known for their political union and influence on American democratic principles.

European Diseases

Infectious diseases introduced by European explorers and colonists to indigenous populations in the Americas, leading to significant demographic declines due to lack of immunity.

Tribal Lands

Designated areas of land that are recognized as being under the control and management of Native American tribes.

Puritan Migrations

The movement of English Puritans in the 16th and 17th centuries, largely to North America, to escape religious persecution and establish communities based on their beliefs.