Author Question: Which of the following is true about the occurrence of the twin deficits? A) They occur ... (Read 19 times)

wenmo · **on:** Jun 29, 2018

Which of the following is true about the occurrence of the twin deficits?

A) They occur consistently in all the economies of the world except the United States.
B) They always occur together.
C) They did not occur after 1990 in the United States.
D) They only occur when exchange rates are fixed.

Question 2

How does the unemployment rate fluctuate over the business cycle?

What will be an ideal response?

apple · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

During a recession the unemployment rate is generally rising. During an expansion the unemployment rate is generally falling.