The self-correcting tendency of the economy means that falling inflation eventually eliminates:
A. exogenous spending.
B. recessionary gaps.
C. expansionary gaps.
D. unemployment.
Answer: B
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Which of the following statements is true?
A) Most of the leading exporting countries are large, high-income countries. B) All sectors of the U.S. economy are affected equally by international trade. C) Each year China exports about 50 percent of its wheat crop and 40 percent of its rice crop. D) Exports benefit trading countries because exports create jobs. Imports do not benefit trading countries because they result in a loss of jobs.
A decrease in the U.S. balance-of-payments surplus results when
a. Canadian citizens increase their shopping trips to the United States. b. more U.S. citizens vacation in Chile. c. French citizens stop buying Perrier and start buying U.S. mineral water instead. d. the United States sells oil-drilling equipment to China.
Refer to Table 9-3. What is the value of the bank's net worth?
A) $200 million B) $2,000 million C) $2,800 million D) $3,000 million
(Consider This) Which of the following was a major objective of the Health Information Technology for Economic and Clinical Health Act?
A. More accurate records so health care providers could increase billings. B. Equip all households with personal medical devices to send real-time health symptoms to health care providers. C. Identify potential cost savings by detecting excessive procedures and medications. D. All of these.