One thing we can do to reduce trade imbalance in the United States would be to
A. push down the value of the dollar relative to other currencies.
B. raise the prices of U.S. exports.
C. raise consumption in the United States.
D. lower savings in the United States.
A. push down the value of the dollar relative to other currencies.
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If the price level doubles, it will
A) increase potential GDP. B) increase the quantity of money. C) decrease the buying power of money. D) decrease potential GDP. E) have no effect on the buying power of money.
All else constant, as the price elasticity of demand for a good at the equilibrium price decreases, the amount of consumer surplus derived from purchasing the equilibrium quantity of the good increases
Indicate whether the statement is true or false
Stock markets for securities are important because
A) they are where corporations raise financial capital. B) they are where proprietorships and partnerships raise financial capital. C) they permit individuals to transfer their savings directly into investment spending. D) they make the stocks and bonds more valuable.
Microeconomics and macroeconomics are closely linked
a. True b. False Indicate whether the statement is true or false