is U.S net ports are negative
What will be an ideal response?
U.S. consumers are spending more on foreign goods than foreign consumers are spending on U.S. goods
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A government subsidy paid to a firm i. increases the demand for the good. ii. has no effect on the supply of the good. iii. leads to an increase in the equilibrium quantity
A) i only B) i and ii C) ii only D) iii only E) i and iii
The demand curve faced by a perfectly competitive firm is:
a. downward sloping. b. the same as the market demand curve. c. horizontal. d. perfectly inelastic.
If a country wants to prevent its exchange rate from falling, it could:
A. place restrictions on imports. B. remove restrictions on imports. C. remove any subsidies on exports. D. pursue easier monetary policy.
An increase in money supply causes the real interest rate to ________ and output to ________ in the short run, before prices adjust to restore equilibrium.
A. rise; rise B. rise; fall C. fall; rise D. fall; fall