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Author Question: A country imported goods and services worth 10 billion and exported goods and services worth 11.1 ... (Read 105 times)

fasfsadfdsfa

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on: Jun 30, 2018
A country imported goods and services worth 10 billion and exported goods and services worth 11.1 billion during a particular year. This implies that the country experienced a ________ during that year.
 
  A) trade surplus B) budget surplus C) budget deficit D) trade deficit

Question 2

Which of the following statements is NOT a function of the Fed?
 
  A) It ensures that commercial banks report their assets and liabilities with accuracy.
  B) It monitors the stockholders' equity of commercial banks.
  C) It oversees interbank payment systems.
  D) It regulates the various stock markets in the economy.


milbourne11

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


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