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Author Question: Stagflation occurs when A) inflation rises and GDP falls. B) inflation falls and GDP falls. C) ... (Read 149 times)

chads108

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on: Jun 29, 2018
Stagflation occurs when
 
  A) inflation rises and GDP falls. B) inflation falls and GDP falls.
  C) inflation rises and GDP rises. D) inflation falls and GDP rises.

Question 2

China runs a current account surplus with the United States. Which of the following must be true about China's balance of payments with the United States?
 
  A) It must run a financial account deficit. B) Its net exports must be negative.
  C) Its balance of trade must be in deficit. D) Its balance of payments must run a deficit.


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wergv

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


chads108

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Reply #2 on: Jun 29, 2018
Thank you :)


wergv

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Reply #3 on: Jun 29, 2018
Happy to help you


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