The following would cause an upward shift in the C + I + G + X curve EXCEPT
A. an increase in export spending.
B. a decrease in import spending
C. an increase in household wealth.
D. an increase in disposable income.
Answer: D
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If Bob is taxed for each soda he buys, he faces a direct tax.
Answer the following statement true (T) or false (F)
According to the U.S. Bureau of Labor Statistics, the term "employed" includes all full time workers and part-time workers
a. True b. False Indicate whether the statement is true or false
Generally, if people begin to expect a company to have higher future profits, the price of the company's stock will begin to decrease
a. True b. False Indicate whether the statement is true or false
Refer to the information provided in Figure 28.7 below to answer the question(s) that follow.
Figure 28.7Refer to Figure 28.7. If the natural unemployment rate equals 6%, the unemployment rate at U2 could be
A. 4%. B. 5%. C. 6%. D. 7%.