In Some Cases,a Country's Attempts to Reduce Its Money Supply

question 21

Multiple Choice

In some cases,a country's attempts to reduce its money supply growth and correct a persistent ______________ deficit could force the country into recession and create high unemployment.

• A) balance-of-payments
• B) fixed parity
• C) floating exchange rate
• D) fixed exchange rate
• E) bank

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Definitions:

Federal Law

Legislation enacted by the national government and applicable throughout the country.

Pension Plans

Financial arrangements that provide individuals with income upon retirement, often through contributions made by employers or employees during the individual's working life.

FMLA

The Family and Medical Leave Act, a U.S. federal law that provides eligible employees with unpaid, job-protected leave for certain family and medical reasons.

Employers

Entities that hire individuals to perform various jobs in exchange for salary or wages.