3391EconomicsMedium
The balance of trade can only worsen if income ____ relative to absorption?
ANone of the above
Bdoes not change
Cdecreases
Dincreases
Correct answer
C. decreases
Explanation
The correct answer is decreases.
MCQs
Read every question, see the correct answer, and understand the explanation at your own pace. Study mode has no timer and no negative marking.
Correct answer
C. decreases
Explanation
The correct answer is decreases.
Correct answer
C. is a modern invention
Explanation
The correct answer is is a modern invention.
Correct answer
B. Organization for Economic Cooperation and Development and Development
Explanation
The correct answer is Organization for Economic Cooperation and Development and Development.
Correct answer
B. all of the above
Explanation
The correct answer is all of the above.
Correct answer
A. 6.6%
Explanation
The correct answer is 6.6%.
Correct answer
D. short-term credit for international balance of payments deficits
Explanation
The correct answer is short-term credit for international balance of payments deficits.
Correct answer
A. wage disparities
Explanation
The correct answer is wage disparities.
Correct answer
D. Production possibilities
Explanation
The correct answer is Production possibilities.
Correct answer
D. open
Explanation
The correct answer is open.
Correct answer
D. any locality with a population of one million people or more
Explanation
The correct answer is any locality with a population of one million people or more.