An increase in the U.S. price level relative to the price level of U.S. trading partners will cause the aggregate expenditures function in the United States to
A. shift up.
B. shift down.
C. get flatter.
D. get steeper.
Answer: B
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Which categories of people are excluded while estimating the number of potential workers in the United States?
What will be an ideal response?
The current account includes which of the following?
a. all international transactions in currently produced goods and services b. net income from foreign assets c. net unilateral transfers d. all of the above are included in the calculation of the current account
That an increasing number of jobs that do not pay enough to subsist on is ____ theory of poverty.
A. a conservative B. a liberal C. both a liberal and a conservative D. neither a liberal nor a conservative
Which of the following is a Keynesian approach for dealing with a recession?
A. Raise taxes. B. Raise interest rates. C. Increase supply incentives for producers. D. Increase government expenditure.