Which of the Following Would Be Part of the Thai

question 43

Multiple Choice

Which of the following would be part of the Thai demand for U.S.dollars?

• A)A Thai street seller trying to sell a shirt to an American tourist
• B)A Thai bank selling dollars it possesses in exchange for euros
• C)An American exchanging dollars for Thai bahts that she will spend on her next vacation to Bangkok
• D)A Thai export company selling its products in the American markets
• E)A Thai importer that wants to buy a Caterpillar tractor

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Definitions:

Fiscal Policy

Adjustments made by the government in its budgeting and taxation to oversee and steer the economic health of a nation.

Taxes

Obligatory fiscal charges or various forms of dues levied on a taxpayer by government agencies with the aim of covering government expenses and assorted public financial needs.

Expenditures

Money spent by individuals, businesses, or governments on goods and services.

Budget Deficit

A financial situation where a government's expenditures exceed its revenues within a specific period, leading to borrowing or depleting reserves.