An increase in government spending will force an appreciation of the dollar, which causes net exports to fall

Indicate whether the statement is true or false


TRUE

Economics

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In a market system, the mechanism that coordinates economic activity is

A. the profit motive. B. the price system. C. input-output analysis. D. program trading in the stock market.

Economics

In what geographic areas would a market-oriented system that remains closer to the command economy end of the spectrum most likely be found?

a. parts of Asia, Africa, and South America b. Cuba and North Korea c. Europe and the United States d. China and Russia

Economics

GDP as predicted by the classical model is

a. lower than the actual level of GDP b. higher than the actual level of GDP c. smoother and steadier than actual GDP d. more unstable over time than actual GDP e. an accurate predictor of actual GDP

Economics

What is the relationship between price and marginal revenue for a competitive firm?

Economics