What Are the Effects of Running a High Budget Surplus,as

question 8

Multiple Choice

What are the effects of running a high budget surplus,as Japan does?

• A)Low interest rates,compared to those abroad
• B)Large capital inflows
• C)Overvaluation of the yen
• D)Large trade deficits

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Definitions:

Marry

The legal or formally recognized union of two people as partners in a personal relationship, historically and typically in the context of a marriage ceremony.

Playboy

A man who engages in numerous casual sexual encounters or relationships and often is perceived as prioritizing leisure and pleasure.

Ludus

In John Lee’s typology of love, playful love.

Mania

In John Lee’s typology of love, obsessive love.