Author Question: If U.S. exports exceed U.S. imports and official reserves do not change, the United States A) ... (Read 60 times)

Lobcity · **on:** Jun 29, 2018

If U.S. exports exceed U.S. imports and official reserves do not change, the United States

A) borrows from the rest of the world.
B) makes loans to the rest of the world.
C) borrows from the U.S. government.
D) cannot sell any capital to foreigners.
E) makes loans to the U.S. government.

Question 2

Higher ________ in Canada than in the United States help(s) explain why ________ unemployment is higher in Canada than in the United States.

A) prices; frictional
B) unemployment benefits; structural
C) unemployment benefits; frictional
D) investment; structural
E) prices; structural