Which of the following will always cause an increase in net exports?
A) a reduction in domestic output
B) an increase in the real exchange rate
C) an increase in government spending
D) an increase in investment
E) all of the above
A
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The change in the labor force participation rate of married women in the US is often explained by
A) declining productivity in agricultural production. B) a rise in average household size. C) increased education and an increased demand for labor. D) the decreased opportunity cost of working in the home. E) declining productivity in household production.
What is/are the central argument(s) against tariffs?
(a) They redistribute income away from consumers who are paying higher prices because of the tariffs. These rents are given to the individual industries that are protected by the tariffs and are operating inefficiently. (b) A laissez-faire economy is the American way. (c) They protect the wealthy. (d) They benefit only fast-growing industries.
The Fourteenth Amendment was applied to the railroads in the Santa Clara County v Southern Pacific Railroad (1886) decision even though the original intent of that amendment had been to protect the property of former slaves
Indicate whether the statement is true or false
If Japan's Real GDP falls, this tends to _________________ United States exports, shifting the United States AD curve to the _____________________
A) raise; right B) raise; left C) lower; right D) lower; left