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    Economics Study Set 8
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    Exam 37: Structural Stagnation and Globalization
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    According to the Structural Stagnation Model, an Increasing Trade Deficit
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According to the Structural Stagnation Model, an Increasing Trade Deficit

Question 120

Question 120

Multiple Choice

According to the structural stagnation model, an increasing trade deficit translates into ________ unemployment and ________ globally-constrained potential output.


A) lower; higher
B) lower; lower
C) higher; higher
D) higher; lower

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