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Author Question: If spending is lower than revenue, the government incurs a budget deficit and must borrow money to ... (Read 161 times)

Zoey63294

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on: Jul 14, 2018
If spending is lower than revenue, the government incurs a budget deficit and must borrow money to cover the shortfall.
 
 Indicate whether the statement is true or false

Question 2

The United States buys automobiles from Japan and Germany and petroleum products from many OPEC nations. The United States thus engages in
 A) dumping.
  B) tariffing.
  C) importing.
  D) exporting.
  E) deficit trading.


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Kaytorgator

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Reply #1 on: Jul 14, 2018
Answer to Question 1

False

Answer to Question 2

C


Zoey63294

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Reply #2 on: Jul 14, 2018
TY


Kaytorgator

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Reply #3 on: Jul 14, 2018
Happy to Help


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