A Balance-Of-Payments Surplus Can Be Reduced with

question 101

Multiple Choice

A balance-of-payments surplus can be reduced with

• A)Increased taxes.
• B)Increased tariffs and quotas on foreign goods.
• C)Contractionary monetary policy.
• D)Increased government spending.

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Definitions:

Argument

A set of statements or reasons put forward to support a conclusion.

Liquid Water

The fluid phase of water, characterized by its capacity to flow and adapt to the shape of its container.

Logical Strength

The degree to which the premises of an argument support its conclusion; stronger arguments provide greater justification for their conclusions.

Explanandum

An phenomenon or event that is to be explained, often the subject of scientific or philosophical inquiry.