Order the answer to: 1. Evaluate whether the following statements are true or false,

Order the answer to: 1. Evaluate whether the following…

Question	1. Evaluate whether the following statements are true or false, and explain your answer a. A trade deficit occurs when the government spends more than it receives in tax revenue. 2. In an open, mixed economy, the equilibrium level of GDP occurs when planned saving equals planned investment. 3. An increase in interest rates in the rest of the world will lead to a stronger dollar 4. Under a fixed system with global capital flows, monetary policy is ineffective. However, under a flexible system, monetary policy is typically more effective than fiscal policy in increasing real GDP.
Subject	business-economics

Question

1. Evaluate whether the following statements are true or false, and explain your answer a. A trade deficit occurs when the government spends more than it receives in tax revenue. 2. In an open, mixed economy, the equilibrium level of GDP occurs when planned saving equals planned investment. 3. An increase in interest rates in the rest of the world will lead to a stronger dollar 4. Under a fixed system with global capital flows, monetary policy is ineffective. However, under a flexible system, monetary policy is typically more effective than fiscal policy in increasing real GDP.

Subject

business-economics

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