Today, in the United States, exports are about
A. 13 percent of GDP.
B. 28 percent of GDP.
C. 4 percent of GDP.
D. 90 percent of GDP.
Answer: A
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Refer to the table above. The government sector balance is a
A) $900 billion surplus. B) $500 billion deficit. C) $2,900 billion trade deficit. D) $2,900 billion balanced budget. E) $900 billion deficit.
If the economy is characterized by a stable IS curve and an unstable LM curve, then ________ target produces ________ fluctuations in aggregate output
A) an interest rate; larger B) a money supply; smaller C) a money supply; larger D) an exchange rate; smaller
What factors determine how centralized or decentralized the decision-making in an organization should be?
Which of the following shifts both short-run and long-run aggregate supply left?
a. a decrease in the actual price level b. a decrease in the expected price level c. a decrease in the capital stock d. a decrease in the money supply