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Author Question: Stagflation occurs when A) inflation rises and GDP falls. B) inflation falls and GDP falls. C) ... (Read 261 times)

chads108

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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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Answer to Question 1

A

Answer to Question 2

A





 

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