Governments in developing countries typically play a larger role in investment spending in their economies than do the governments of industrial countries
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The type of good with the smallest trade deficit in the U.S. based on data from 2016 is:
A. foods, feeds, and beverages. B. capital goods. C. industrial goods. D. automotive goods.
Economics
Refer to the figure below.
If a price ceiling were imposed at point G, then producer surplus would be represented by the area ________.
A. DBC B. 0GFQ2 C. DGF D. 0DFQ2
Economics
GDP measured using current prices is called:
a. Constant GDP b. Nominal GDP c. Real GDP d. Deflated GDP
Economics
The zero lower bound refers to the situation that
A) the lowest the central bank can decrease the nominal policy rate is 0%. B) real interest rate is 0%. C) inflation rate is 0%. D) risk premium is 0%.
Economics