Which of the Following Is the Chief Link Between the U.S.federal

question 17

Multiple Choice

Which of the following is the chief link between the U.S.federal budget deficit and the U.S.trade deficit during the 1980s?

• A)High U.S.interest rates led to a rise in the relative value of the dollar.
• B)High U.S.interest rates led to a decrease in the relative value of the dollar.
• C)Higher interest rates resulted in the crowding out of some private investment,reducing the stimulating effect of the government's deficit.
• D)The U.S.price level declined relative to that of foreign countries,causing U.S.interest rates to fall.
• E)The additional fiscal stimulus provided by a higher government deficit encouraged some firms to invest more.

Understand the role and methods of gene targeting in studying genetic diseases.

Understand the principles and strategies for delivering bad news in business communications.

Identify and utilize various formats (direct and indirect) for communicating bad news.

Recognize the importance and components of an effective apology in a professional setting.

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Definitions:

Benchmark Interest Rate

The standard interest rate set by national banks against which other lenders measure their rates.

Elasticities

A measure of how much the quantity demanded or supplied of a good responds to a change in one of its determinants, such as price or income.

Total Sales

The aggregate revenue received from selling goods or services over a given period of time.

Complement

A good or service that is used together with another, where the use or consumption of one increases the value or demand of the other.