This topic contains a solution. Click here to go to the answer

Author Question: In an open economy with strong international trade, increases in government spending are likely to ... (Read 79 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
In an open economy with strong international trade, increases in government spending are likely to have an overall crowding out effect.
 
  Indicate whether the statement is true or false

Question 2

Suppose a country's net exports equal zero. Which of the following will happen if the volume of imports increases without an increase in the volume of exports?
 
  A) The country will experience a budget surplus. B) The country will experience a budget deficit.
  C) The country will experience a trade surplus. D) The country will experience a trade deficit.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ladyjames123

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

TRUE

Answer to Question 2

D




mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
:D TYSM


deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

For a complete list of videos, visit our video library