An example of targeted government spending is its spending on
a. highways
b. natural resources
c. interest payments
d. agricultural subsidies
e. fire prevention
D
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Borrowing from abroad represents:
A) a capital outflow. B) a capital inflow. C) positive net savings. D) none of the above.
What makes the macroeconomic performance of the 1993 to 1998 period so unusual is the
A. simultaneous occurrence of unemployment and inflation increases. B. simultaneous occurrence of real GDP decreases and inflation rate increases. C. occurrence of real GDP decreases while the unemployment rate increases. D. simultaneous occurrence of reduced unemployment rates and falling inflation rates.
In 2015, imports represented:
A. about 15 percent of U.S. GDP. B. about 1 percent of U.S. GDP. C. about 40 percent of U.S. GDP. D. nearly 70 percent of U.S. GDP.
The variance of a distribution increases more than proportionately with the spread of the distribution because:
a. variance is a squared quantity. b. variance always lies at the center of the distribution. c. variance is half the value of mean. d. variance is closer to the maximum values.