If net foreign investment is negative, which of the following must be true?
A) Net exports are positive.
B) Domestic investment must be greater than national saving.
C) Private saving is greater than public saving.
D) Capital outflows are greater than capital inflows.
B
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The figure above shows the demand for fruit snacks. Which movement reflects an increase in income if fruit snacks are an inferior good?
A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d
Microsoft was charged with violating the antitrust laws not because it had a virtual monopoly in the form of its Windows operating system, but because it acted like a monopolist in trying to control the market for certain software applications
Indicate whether the statement is true or false
An economic forecast:
a. will always be true. b. is more reliable than a weather forecast. c. will never provide valuable information. d. should not be relied upon to predict economic events. e. is always based upon a Ceteris paribus condition.
"Demand-side fiscal policy is capable of changing Real GDP." This statement would be most likely to be said by an economist who believes that
A) the AS curve is vertical. B) the AS curve is upward sloping. C) complete crowding out exists. D) there is little, if any, crowding out. E) b and d