The Current Account Surplus

question 71

Multiple Choice

The current account surplus

• A)is a decreasing function of disposable income and an increasing function of the real exchange rate.
• B)is an increasing function of disposable income and an increasing function of the real exchange rate.
• C)is an increasing function of disposable income and a decreasing function of the real exchange rate.
• D)is a decreasing function of disposable income and a decreasing function of the real exchange rate.
• E)is an increasing function of disposable income and a decreasing function of aggregate demand.

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Definitions:

Discriminatory Law

Laws or legislation that unfairly differentiate between individuals or groups, often based on race, gender, sexuality, religion, or other characteristics, leading to inequality or injustice.

Strict Scrutiny

A form of judicial review that courts use to determine the constitutionality of certain laws, requiring laws to serve a "compelling state interest" and be narrowly tailored to achieve their goals.

Narrowly Tailored

A legal doctrine requiring laws to be specifically designed to achieve their objective without affecting other rights more than necessary.

Tobacco Products

Items produced from the tobacco plant for human consumption, including but not limited to cigarettes, cigars, pipe tobacco, and chewing tobacco.