Investment decreases by $300 billion, government expenditure is unchanged, and exports increase by $500 billion. As a result, autonomous expenditure ________, the total expenditure ________, and equilibrium real GDP ________
A) increases by $800 billion; increases; increases by more than $800 billion
B) increases by $200 billion; increases; increases by more than $200 billion
C) decreases by $300 billion; decreases; decreases by more than $300 billion
D) is unchanged; is unchanged; is unchanged
E) increases by $500 billion; is unchanged; increases by more than $500 billion
B
You might also like to view...
Use the following graph for a competitive market for a product where the government has set a price floor of 0C to answer the question below. 
What quantity will the sellers be able to sell after the imposition of the price floor?
A. 0G B. CB C. 0F D. 0E
Which of the following is not a tariff pattern of the major world traders?
A. overall tariff rates are relatively low B. tariffs are higher in agriculture than in other industrial sectors C. tariffs are higher to economically hostile countries D. commonality in the sectors they protect most
Ceteris paribus, with a fixed exchange rate, if Americans decide to buy more Japanese-made television sets, this causes a market ________ of Japanese currency and creates a balance-of-payments ________ for the United States.
A. shortage; surplus B. surplus; surplus C. surplus; deficit D. shortage; deficit
Figure 4.5 illustrates a set of supply and demand curves for hamburgers. An increase in supply and a decrease in demand are represented by a movement from:
A. point d to point b. B. point d to point a. C. point a to point c. D. point b to point d.