Which of the following is most likely to increase U.S. exports?
a. The government gives subsidies to U.S. firms that export goods or services.
b. The government reduces the size of the budget surplus.
c. The United States unilaterally reduces its restrictions on foreign imports.
d. Taxes on domestic saving rise.
C
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The constant growth rate rule for money, as initially proposed by Milton Friedman, has been adjusted ________
A) to take the problem of moral hazard in account B) to account for the role played by adaptive expectations in policy formation C) for the difference between real and nominal economic variables D) to allow for possible short-run movements in velocity
What happens to aggregate demand if the demand for consumption goods decreases? If the demand for investment goods increases?
As capital goods depreciate, the growth of labor productivity will increase
a. True b. False Indicate whether the statement is true or false
Refer to the graph shown. Total cost of producing Q* is represented by:
A. area 0Q*CD. B. area 0Q*AF. C. area 0Q*BE. D. cannot be determined.