Assume the United States Is Currently Running a Current Account

question 32

Multiple Choice

Assume the United States is currently running a current account deficit.The most effective way of eliminating this current account deficit would be to temporarily ________ government purchases and ________ the domestic money supply.

• A)increase; increase
• B)increase; decrease
• C)decrease; increase
• D)decrease; decrease

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Definitions:

Full-Time Employment

Employment where an individual works a minimum number of hours defined by their employer as full-time, often with certain benefits not available to part-time workers.

Child Care

The care and supervision of a child or multiple children at a time, which can include educational, cultural, and recreational activities.

Instrumental Role

A role focused on achieving tasks and providing for the physical needs and goals of a family or group.

Homer Simpson

A fictional character from the animated television series "The Simpsons," known for his humorous ineptitude and simplistic approach to life.