Fill in the blanks with increase, decrease, no change or ambiguous. 1. Other things the same, an increase in trade deficit will 2. Other things the same, an increase in trade deficit will 3. Other things the same, an increase in budget deficit will 4. Other things the same, an increase in trade deficit will 5. Other things the same, an increase in trade surplus will 6. Other things the same, an increase in budget surplus will 7. Other things the same, an increase in social security spending will Unemployment. GDP. Unemployment. GDP. Unemployment. unemployment. GDP. 8. Other things the same, an increase in social security spending will 9. Other things the same, an increase in foreign aid will GDP. GDP.

Fill in the blanks with increase, decrease, no change or ambiguous. 1. Other things the same, an increase in trade deficit will 2. Other things the same, an increase in trade deficit will 3. Other things the same, an increase in budget deficit will 4. Other things the same, an increase in trade deficit will 5. Other things the same, an increase in trade surplus will 6. Other things the same, an increase in budget surplus will 7. Other things the same, an increase in social security spending will Unemployment. GDP. Unemployment. GDP. Unemployment. unemployment. GDP. 8. Other things the same, an increase in social security spending will 9. Other things the same, an increase in foreign aid will GDP. GDP.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter31: The Impacts Of Government Borrowing

Section: Chapter Questions

Problem 25P: Sketch a diagram of how a budget deficit causes a trade deficit. (Hint: Begin with what will happen...

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Similar questions

Sketch a diagram of how a budget deficit causes a trade deficit. (Hint: Begin with what will happen to the exchange rate when foreigners demand more U.S. government debt.)
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