Question
The large U.S. trade deficit is financed primarily by: A. An increase in the price of stocks and other financial instruments B. Borrowing to finance
The large U.S. trade deficit is financed primarily by:
A. An increase in the price of stocks and other financial instruments
B. Borrowing to finance the trade deficit
C. A reduction in the required reserve ratio
D. An increase in the size of the Federal budget deficit
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Economics for Managers
Authors: Paul G. Farnham
3rd edition
132773708, 978-0133561128, 133561127, 978-0132773706
