Question: Which of the following is likely to decrease the level of Australia's foreign debt? a. A cyclical increase in the government's budget deficit. b. An

Which of the following is likely to decrease the level of Australia's foreign debt?

a. A cyclical increase in the government's budget deficit.

b. An increase in the domestic savings rate.

c. A depreciation of the Australian dollar.

d. An increase in the li????vel of consumption.

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