In 2012, U.S. exports of services ______ U.S. imports of services by about _____.
A. exceeded; $19B
B. fell short of; $19B
C. exceeded; $196 B
D. fell short of; $196B
C. exceeded; $196 B
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When one individual writes a check to another individual the money supply will not be changed
Indicate whether the statement is true or false
Because the value of the euro is determined by factors that affect the entire euro zone, during the recession of 2007-2009, individual countries using the euro
A) were able to use expansionary monetary policy to lessen the impact of the recession. B) were unable to have their exchange rates depreciate. C) were more insulated from unemployment increases than most countries. D) experienced a greater increase in exports than did most countries.
The supply curve for portable charcoal grills shifts
a. only when production technology changes. b. when a determinant of the supply of portable charcoal grills other than the price of portable charcoal grills changes. c. when any determinant of the supply of portable charcoal grills changes. d. only when the number of sellers of portable charcoal grills changes.
Suppose that the MPC is 0.7, there is no investment accelerator, and there are no crowding-out effects. If government expenditures increase by $30 billion, then aggregate demand
a. shifts rightward by $100 billion. b. shifts rightward by $51 billion. c. shifts rightward by $170 billion. d. shifts rightward by $72.8 billion.