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Author Question: Which of the following is TRUE of the current account balance? A) Monetary expansion has no ... (Read 78 times)

geodog55

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on: Jun 30, 2018
Which of the following is TRUE of the current account balance?
 
  A) Monetary expansion has no effect on the current account balance.
  B) Monetary expansion decreases the current account balance.
  C) Fiscal expansion increases the current account balance.
  D) Fiscal expansion has no effect on the current account balance.
  E) Monetary expansion increases the current account balance.

Question 2

One of the negative side effects of financial globalization is that national economic policies lack the discipline that they did in the past.
 
  Indicate whether the statement is true or false


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Bsand8

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

E

Answer to Question 2

FALSE
Explanation: In a sense, the globalization of financial markets imparts discipline to national economic policies.


geodog55

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Reply #2 on: Jun 30, 2018
Thank you :)


Bsand8

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Reply #3 on: Jun 30, 2018
Happy to help you


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