Net exports measures the:
A.) Total dollar value of U.S. exports.
B.) Dollar amount of imports.
C.) Quantity of goods produced abroad.
D.) Dollar value of exports minus the dollar value of imports.
D.) Dollar value of exports minus the dollar value of imports.
You might also like to view...
Ignoring any supply-side effects, suppose the government is considering cutting taxes by $100 billion or increasing government expenditures on goods and services by $100 billion. Then
A) both policies would increase aggregate demand but the increase in government expenditure has a smaller effect. B) the tax cut would increase aggregate demand and the increase in government expenditure would decrease aggregate demand. C) the tax cut would decrease aggregate demand and the increase in government expenditure would increase aggregate demand. D) both policies would increase aggregate demand by the same amount. E) both policies would increase aggregate demand but the tax cut has a smaller effect.
The purchase of an airplane produced in the United States by the government of Thailand is included in
A) U.S. imports. B) U.S. government purchases. C) U.S. exports. D) Thailand government exports.
In a closed economy, which of the following equations reflects investment? (Y = GDP, C = Consumption, G = Government purchases, T = Taxes, and TR = Transfers)
A) Y - T + TR B) Y - C - T C) C + G -T D) Y - C - G
The information lag facing the Fed is
A) the difficulty of becoming informed quickly of changes in public opinion about which policy goal is most important. B) the delay in receiving accurate information about the state of the economy. C) the delay in Congress and the President communicating their policy goals for the Fed to act on. D) the time required for monetary policy changes to affect output, employment, and prices.