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July 30, 2014

Homework Help: Economics

Posted by Sharp on Sunday, November 4, 2007 at 1:13pm.

There is a trade-off between the objective of reducing a trade deficit and the objective of reaching full employment because:(A)Net exports rise as income increases(B)As income increases, the trade deficit rises(C)Imports fall as income increases(D)Fiscal policy and monetary policy must be used to achieve the objective

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