Which of the Following Is Not a Result of a Higher

question 104

Multiple Choice

Which of the following is not a result of a higher federal budget deficit?

• A)a higher real interest rate
• B)a depreciation of the currency
• C)a fall in exports
• D)a fall in the price of foreign inputs

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Definitions:

Special Indorsement

An endorsement on a negotiable instrument, such as a check, that specifies the person to whom or to whose order the money is to be paid.

Bearer Paper

A negotiable instrument or document of title that entitles the holder or bearer to the rights specified in the document, without needing to prove ownership.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time.

Order Paper

A negotiable instrument that is payable to a specific person or their order, allowing the transfer of ownership through endorsement.