2. Other things equal, an increase in government purchases of goods and services pushes the trade balance

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2. Other things equal, an increase in government purchases of goods and services pushes the trade balance toward and causes the currency to .

a. surplus, appreciate

b. surplus, depreciate

c. deficit, appreciate

d. deficit, depreciate

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 30, 2024 08:00 AM

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2. Other things equal, an increase in government purchases of goods and services pushes the trade balance

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Macroeconomics

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