Figure 9-3
?


In Figure 9-3, investment plus net exports equals

A. $200 billion.
B. $400 billion.
C. $600 billion.
D. $800 billion.
E. $1,200 billion.


Answer: D

Economics

You might also like to view...

The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 

A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A

Economics

Maximizing shareholder value is synonymous with adding value

Indicate whether the statement is true or false

Economics

In LDCs, persistent poverty occurs because of preference for _______ , which results in ___________

a. large families; low levels of capital goods production b. more consumption today; less consumption tomorrow c. high birth rates; high death rates d. high birth rates; low death rates e. culture; an absence of assimilation

Economics

Suppose goods A and B are substitutes for each other. We would expect the cross-price elasticity between these two goods to be

a. positive. b. negative. c. either positive or negative. It depends whether A and B are normal goods or inferior goods. d. either positive or negative. It depends whether the current price level is on the elastic or inelastic portion of the demand curve.

Economics