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6. A period when prices are continually rising is know as.....

  • Inflation
  • Supply
  • Demand
  • Stable Prices

7. If the value of imports is higher that the value of our exports, we have a....

  • Economic Growth
  • Trade Deficit
  • Balance of Payments

8. Does the Government want a trade deficit?

  • No.
  • YES!!! Woohooo

9. What does the government do if they have a trade deficit?

  • Do nothing at all
  • Spend savings (if they have them) or borrow to finance the deficit
  • Hide in No. 10