SIE Knowledge of Capital Markets Practice Question 10

Question: 10

Which of the following is correct?

A. Exchange rates are the proportion of one country's goods and services that are purchased with cash as compared with all goods and services purchased with cash and credit.

B. The gross domestic product reflects the total of a country's goods and services produced and used or consumed in that country during a period of time.

C. The gross international product reflects the total of a country's goods and services produced during a period of time.

D. A trade deficit is enacted by Congress as a tool of fiscal policy.

SIE Knowledge of Capital Markets Practice Question 10

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