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melamori03 [73]
3 years ago
15

Which of the following best describes the change in federal government spending, in nominal dollars, since 1960?

Social Studies
1 answer:
Softa [21]3 years ago
8 0

Answer: Federal spending as a percentage of GDP has had a fluctuating range, growing in some years but decreasing in others.

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According to the International fisher effect , for any two countries, the spot exchange rate should change in an equal amount but in the opposite direction to the difference in nominal interest rates between the two countries.

<u>Explanation:</u>

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