Other things equal, an increase in government purchases of goods and services pushes the trade balance toward______(Surplus/Deficit) and causes the currency to _________ (Appreciate/Depreciate).
Other things equal, an increase in government purchases of goods and services pushes the trade balance toward______(Surplus/Deficit) and causes the currency to _________ (Appreciate/Depreciate).
Chapter18: International Trade And Finance
Section: Chapter Questions
Problem 19SQ
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Other things equal, an increase in government purchases of goods and services pushes the trade balance toward______(Surplus/Deficit) and causes the currency to _________ (Appreciate/Depreciate).
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