From 1983-2011, net exports for the US
What will be an ideal response?
were negative
You might also like to view...
Why was running a budget deficit to build the U.S. highway system in the 1950s a benefit to the country?
a. The costs of building the highway system were so small that they were considered irrelevant. b. There were benefits of increasing potential GDP, so the increased costs were not considered. c. The benefits of it increasing potential GDP were greater than the increased costs of borrowing for the deficit. d. The costs of building the highways system were greater than the benefits of building the highway system.
Your bike is worth $100 and if you park it outside at school there is a 25% chance that it will be stolen. Your utility function for money is U = (M)2. Assume throughout that the bike value and money are interchangeable since you could sell the bike instantly at its value if necessary. What is the maximum you would pay security to check in your bike?
What will be an ideal response?
Suppose you work in investments for a financial institution, and other banks are making a fortune with Irish goldmines. The fact that you are more likely to move to invest in Irish goldmines just because you see other banks doing so is called:
A. diversification. B. leverage. C. herding. D. the law of diminishing control.
An increase in the supply of wheat in the United States is most likely to result from:
a. A decrease in the amount of subsidies that wheat farmers receive from the government b. An increase in the cost of machinery for harvesting wheat c. An increase in the price of wheat d. A change in farming technology that improves the soil for wheat