Figure 32-5
Refer to this diagram of the open-economy macroeconomic model to answer the questions below.
-Refer to Figure 32-5.Starting from 3% and .75,an increase in the government budget surplus can be illustrated as a move to
A) 4% and 1
B) 4% and .5
C) 2% and 1
D) 2% and .5
Correct Answer:
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Q72: A U.S.-imposed quota on automobiles would shift
A)both
Q74: Suppose that the United States imposes an
Q75: When a country imposes an import quota,its
A)imports
Q77: If the U.S.were to impose import quotas
A)the
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Q167: Trade policies
A)alter the trade balance because they
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