Which fiscal event increases a country's current account?
A) inflation
B) a drop in disposable income
C) rising incomes
D) economic expansion

Name: Which fiscal event increases a country's current account? A) inflation B) a drop in disposable income C) rising incomes D) economic expansion
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Question

Quizplus · Accepted Answer

A drop in disposable income typically leads to a decrease in consumer spending on imported goods, which can improve a country's current account by reducing its imports.

Which Fiscal Event Increases a Country's Current Account