Which of the following would decrease net exports in the United States?
A) A Mexican citizen purchases 100 shares of stock in IBM.
B) The U.S. government donates $25 million to Mexico to help victims of a hurricane in Mexico.
C) An American party planner purchases 350 piñatas from Mexico.
D) The government of Mexico purchases 2,000 Dell laptop computers from the United States.
C
You might also like to view...
What does monopolistic competition have in common with perfect competition?
A) a large number of firms and freedom of entry and exit B) a standardized product C) product differentiation D) the ability to earn an economic profit in the long run E) barriers to exit but no barriers to entry
Money demand behavior may
A) change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities. B) change only as a result of demographic trends. C) change only as a result of financial innovations such as electronic cash-transfer facilities. D) not change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities. E) change as a result of demographic trends but not as a result of financial innovations such as electronic cash-transfer facilities.
The purpose of the Temporary Assistance to Needy Families program is
A) to provide rebates of Social Security taxes to low-income workers. B) to provide cash assistance and supportive services to assist the family, helping them achieve economic self-sufficiency. C) to provide a minimum income for the aged, blind, and the disabled. D) to supplement Social Security for the elderly with medical problems.
An increase in business taxes is likely to reduce aggregate demand because of a decrease in private investment.
a. true b. false