Author Question: The first phase of a typical cycle of economic populism is usually A) hyperinflation. B) rising ... (Read 59 times)

kwoodring

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The first phase of a typical cycle of economic populism is usually
 
  A) hyperinflation.
  B) rising growth and rising wages.
  C) falling growth and falling wages.
  D) rising unemployment.

Question 2

Your text considers both the low savings and high savings nations and concludes what about the relationship between government budgets and the current account?
 
  What will be an ideal response?


welcom1000

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Answer to Question 1

B

Answer to Question 2

The relationship isn't fixed. One does not cause the other in any necessary form.



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