The United States international investment position is negative

Indicate whether the statement is true or false


TRUE

Economics

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For an economy starting at full employment real GDP, a decrease in autonomous expenditure results in a(n)

A. inflationary output gap. B. increase in full-employment output. C. decrease in full-employment output. D. recessionary output gap.

Economics

If the demand for digital cameras increases when consumers' incomes rise, then digital cameras are

A) a substitute for camcorders. B) a complement to camcorders. C) an inferior good. D) a normal good. E) made using advanced technology.

Economics

What is inverse dependency ratio? What does it mean for future worker productivity?

What will be an ideal response?

Economics

The version of the law of diminishing returns that applies to production

A. is true only when all inputs are variable. B. applies only in the short run. C. implies that as we add more workers our output decreases. D. applies in the short and long run.

Economics