If a currency depreciates, a country's net exports
a. fall and AD increases.
b. rise and AD increases.
c. fall and AD decreases.
d. rise and AD decreases.
b
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The GDP of Country X in a particular year was $820,000. If the value added by U.S
workers in the production of various goods and services in Country X during that year was worth $150,000 and the value added by the workers of Country X in the production of various goods and services in other countries during that year was worth $130,000, the GNP of Country X during that year was ________. A) $1,140,000 B) $135,000 C) $8,235,000 D) $800,000
What is an ascending-value auction?
Economic cost can best be defined as:
A. all costs exclusive of payments to fixed factors of production. B. any contractual obligation that results in a flow of money expenditures from an enterprise to resource suppliers. C. any contractual obligation to labor or material suppliers. D. compensations that must be received by resource owners to ensure their continued supply.
When the government increases spending (holding taxes constant), the budget balance _____. This causes the interest rate in the market for loanable funds to _____ and investment to _____
Fill in the blank(s) with correct word