Which of the following factors is likely to increase the amount of available labor and decrease the real wages of workers?
A) in increase in the supply of capital stock B) a large number of factory closings
C) consumers demanding more goods D) a high influx of immigration
D
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Expenditures on a nation's domestic production
a. are less than its domestic production. b. are equal to its domestic production. c. are greater than its domestic production. d. could be less than, equal to, or greater than its domestic production.
Since the 1980s, "NOW" accounts have been included in
A) M1, but not M2. B) M2, but not M1. C) both M1 and M2. D) the monetary base and M1, but not M2. E) neither M1 nor M2.
If U.S. exports of goods and services exceed imports
A. GDP in the United States will be less than the sum of consumption, investment, and government purchases. B. GDP in the United States will exceed the sum of consumption, investment, and government purchases. C. net exports for the United States equals gross investment. D. net exports for the United States equals gross savings.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, a decrease in unemployment may be represented by the movement from
A. B to A. B. C to D. C. B to D. D. A to C.