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Author Question: Suppose the United States initially has a trade deficit. Then U.S. firms increase their imports from ... (Read 124 times)

lak

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on: Jun 29, 2018
Suppose the United States initially has a trade deficit. Then U.S. firms increase their imports from Canada, financing that increase by borrowing from Canada.
 
  The current account deficit is now ________ and the capital and financial account surplus is now ________. A) larger; larger
  B) larger; smaller
  C) smaller; larger
  D) smaller; smaller

Question 2

In the quantity theory of money, the quantity of money is assumed to
 
  A) not influence the velocity of circulation.
  B) rise during recessions.
  C) fall during recessions.
  D) be constant.


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BAOCHAU2803

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

A

Answer to Question 2

A


lak

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Reply 2 on: Jun 29, 2018
Excellent

juliaf

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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