Starting from a position of internal and external balance a reduction in aggregate demand will cause a current account ?
A. deficit
B. surplus
C. revaluation
D. devaluation
A. deficit
B. surplus
C. revaluation
D. devaluation
A. Selling another unit will increase total revenue
B. Selling another unit will increase profits
C. Selling another unit will increase costs
D. Selling another unit will increase average revenue
A. a reduction in current investment
B. a reduction in current consumption
C. a reduction in taxes
D. a reduction in current saving
A. balance of international indebtedness
B. balance of financial transactions
C. balance of payments
D. income statements
A. Drawback
B. Duty
C. Custom
D. Excise
A. Transaction of International monetary business
B. Negotiable bills drawn in one country to be paid in another country
C. Both of them
D. None of them
A. aggregate supply will increase will increase aggregate demand will decrease and the price level will decrease
B. aggregate supply will increase will increase aggregate output will increase and the price level will decrease
C. aggregate supply will increase will increase aggregate output will increase and the price level will increase
D. both aggregate supply and demand will increase will increase and the price level will increase