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If the Budget deficit increases, then a. US residents will want to purchase more

ID: 1244114 • Letter: I

Question

If the Budget deficit increases, then a. US residents will want to purchase more foreign assets and foreign residents will want to purchase more US assets b. US residents will want to purchase more foreign assets and foreign residents will want to purchase fewer US assets c. Us residents will want to purchase fewer foreign assets and foreign residents will want to purchase more US assets d. US residents will want to purchase fewer foreign assets and foreign residents will want to purchase fewer US assets

Explanation / Answer

c. Us residents will want to purchase fewer foreign assets and foreign residents will want to purchase more US assets

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