The difference between ________ is known as the trade balance
A) consumption and imports B) investment and consumption
C) exports and imports D) production and exports
C
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A carbon tax would _____ the cost of producing goods and services that create large carbon emissions, and would lead Americans to use ______ carbon- intensive goods and services, which could _______ climate change?
A) raise; more; slow B) raise; fewer; speed up C) lower; fewer; slow D) raise; fewer; slow E) raise; more; speed up
If the quantity of jelly beans supplied is represented by the equation QS = -20 + 4P then the corresponding price of jelly beans is represented by the equation
A) P = 2.5 - 4QS. B) P = 0.25QS + 5. C) P = 4QS - 80. D) P = 0.5QS + 80.
Beyond the Fed's immediate control, a wave of pessimistic economic forecasts in the banking industry can effectively ________ e and thus ________ the money supply
A) raise, raise B) raise, reduce C) reduce, raise D) reduce, reduce
The 2009 fiscal stimulus bill represented approximately
A. 5.5 percent of GDP and was designed to close the expansionary gap. B. 5.5 percent of GDP and was designed to close the recessionary gap. C. 7.8 percent of GDP and was designed to close the expansionary gap. D. 7.8 percent of GDP and was designed to close the recessionary gap.