Which component of current U.S. GDP under the expenditure approach is most likely to be negative?
a. consumption
b. government purchases
c. net exports
d. investment
c
Economics
You might also like to view...
Which of the following is most likely to happen, if investment in an economy falls?
A) Firms' revenue rise. B) Mortgage defaults fall. C) Labor supply falls. D) Unemployment rises.
Economics
The long-run aggregate supply curve is vertical
Indicate whether the statement is true or false
Economics
The largest percentage of U.S. national debt to GDP occurred during
A. World War II. B. The Civil War. C. The Great Depression. D. World War I.
Economics
Fighting inflation and fighting sluggish growth require:
A. opposite actions from policy makers. B. fiscal and monetary policy actions, respectively. C. monetary and fiscal policy actions, respectively. D. similar actions from policy makers.
Economics