Concerning a country’s business cycle, rapid growth of production and employment is commonly associated with:

Question

TuteeHUB · Accepted Answer

Large or growing trade deficits and current account surpluses

TuteeHUB · Answer

Large or growing trade deficits and current account deficits

TuteeHUB · Answer

Small or shrinking trade deficits and current account deficits

TuteeHUB · Answer

Small or shrinking trade deficits and current account surpluses

1.	Concerning a country’s business cycle, rapid growth of production and employment is commonly associated with:
A.	Large or growing trade deficits and current account deficits
B.	Large or growing trade deficits and current account surpluses
C.	Small or shrinking trade deficits and current account deficits
D.	Small or shrinking trade deficits and current account surpluses
Answer» B. Large or growing trade deficits and current account surpluses

Discussion