MyLab Economics with Pearson eText -- Access Card -- for Foundations of Economics
8th Edition
ISBN: 9780134518312
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
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Question
Chapter 34, Problem 4MCQ
To determine
To change a net export deficit into a surplus.
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A net exports deficit will become a surplus if _______.
A.
the country appreciates its currency
B.
the government budget deficit is turned into a surplus and the private sector has a surplus
C.
private saving and government saving exceed private investment
D.
the private sector surplus adjusts to equal the government sector deficit
A government uses an expenditure-reducing measure to correct a balance of payments current account deficit. In the short term, what effect would this measure have on consumer expenditure and net exports? Pick a,b,c, or d
A) consumer expenditure: increase & net exports: decrease
B) consumer expenditure: decrease & net exports: decrease
C) consumer expenditure: decrease & net exports: increase
D) consumer expenditure: increase & net exports: increase
Assuming that a country has a trade deficit of $50 billion, which of the following is true:
A. The country's exports are $120 billion and its imports are $180 billion
B. The country's exports are $100 billion and its exports are $150 billion
c. The country's imports are $120 billion and its exports are $180 billion
d. The country's exports are $150 billion and its imports are $100
Chapter 34 Solutions
MyLab Economics with Pearson eText -- Access Card -- for Foundations of Economics
Ch. 34 - Prob. 1SPPACh. 34 - Prob. 2SPPACh. 34 - Prob. 3SPPACh. 34 - Prob. 4SPPACh. 34 - Prob. 5SPPACh. 34 - Prob. 6SPPACh. 34 - Prob. 7SPPACh. 34 - Prob. 8SPPACh. 34 - Prob. 9SPPACh. 34 - Prob. 10SPPA
Ch. 34 - Prob. 1IAPACh. 34 - Prob. 2IAPACh. 34 - Prob. 3IAPACh. 34 - Prob. 4IAPACh. 34 - Prob. 5IAPACh. 34 - Prob. 6IAPACh. 34 - Prob. 7IAPACh. 34 - Prob. 8IAPACh. 34 - Prob. 1MCQCh. 34 - Prob. 2MCQCh. 34 - Prob. 3MCQCh. 34 - Prob. 4MCQCh. 34 - Prob. 5MCQCh. 34 - Prob. 6MCQCh. 34 - Prob. 7MCQCh. 34 - Prob. 8MCQ
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