If in an Open Economy a Country Imports More Than

question 187

Multiple Choice

If in an open economy a country imports more than it exports and the government budget deficit increases, interest rates will _____ and the amount of borrowing will _____.

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

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Definitions:

Interview

A formal meeting in which one or more persons question, consult, or evaluate another person.

Letter Of Resignation

A written notice informing an employer of the employee's decision to terminate their employment, typically including the departure date.

Resigning

The act of voluntarily leaving a position or job.

Polite And Tactful

Demonstrating courteous and sensitive behavior in communication or action, especially in delicate situations.