Author Question: All else equal, a decrease in the level of imports allowed into the United States ________ the ... (Read 47 times)

sc00by25

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All else equal, a decrease in the level of imports allowed into the United States ________ the demand for goods and service produced in the United States.
 
  A) does not affect B) decreases
  C) increases D) increases or decreases

Question 2

A current account deficit can occur if ________, all else equal.
 
  A) net national savings equals zero B) net factor income from abroad equals zero
  C) net exports are negative D) net investment income is negative



heinisk01

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Answer to Question 1

C

Answer to Question 2

C



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