7. A high home inflation rate relative to other countries would_______ the home countrys current...
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7. A high home inflation rate relative to other countries would_______ the home countrys current account balance, other things equal. A high growth in the home income level relative to other countries would ________ the home countrys current account balance, other things equal.
a. increase; increase
b. increase; decrease
c. decrease; decrease
d. decrease; increase
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