One year a country has positive net exports. The next year it still has positive but larger net exports
a. its trade surplus fell.
b. its trade surplus rose.
c. its trade deficit fell.
d. its trade deficit rose
b
You might also like to view...
Which of the following portions of the national debt impose a net interest burden on the federal government?
a. treasury bonds held by government agencies b. treasury bonds held by private investors c. treasury bonds held by the Federal Reserve system d. treasury bonds held in the Social Security Trust Fund
Which of the following is an example of the gambler's fallacy? a. If you flip a coin six times and it comes up heads each time, when you flip for the seventh time the odds are better that it will come up tails. b. People think that housing prices will continue to rise because they have continually risen over the past 10 years. c. If I send my resume to enough employers, the law of averages
says that someone will eventually hire me. d. all of the above
By raising or lowering the _______, the Fed changes the cost of money for banks, which impacts the incentive to borrow reserves.
A. Reserve ratio B. Discount rate C. Money multiplier D. Yield
If transaction costs are high, then it is more likely a firm's demand curve is downward sloping
Indicate whether the statement is true or false