Author Question: Under the Gold Standard (1880-1913) gold would flow into the U.S. when (a) U.S. exports exceeded ... (Read 97 times)

jman1234 · **on:** Jun 30, 2018

Under the Gold Standard (1880-1913) gold would flow into the U.S. when

(a) U.S. exports exceeded its imports.
(b) U.S. imports exceeded its exports.
(c) domestic demand grew faster than domestic supply.
(d) domestic supply grew faster than domestic demand.

Question 2

During the 2000s, the Federal government's deficit

a. moved from large deficits to even larger deficits.
b. changed little as a percent of GDP.
c. moved from large surpluses to large deficits.
d. rose largely as a result of large tax cuts in 2001 and 2004.
e. both c and d.