Which of the following is correct? Since 1950
a. U.S. exports and U.S. imports each about doubled.
b. U.S. exports and U.S. imports each about tripled.
c. U.S. exports about doubled and U.S. imports about tripled.
d. U.S. exports about tripled and U.S. imports about doubled.
b
You might also like to view...
Which of these is most likely to result when a demand-management policy is used in an economy that is experiencing stagflation?
a. A decrease in investment spending b. An increase in the rate of inflation c. An increase in unemployment d. A decrease in the rate of inflation e. A decrease in real GDP
A utility-maximizing consumer always purchases a good that yields the greatest average utility per dollar of expenditure
a. True b. False Indicate whether the statement is true or false
Which of the following would cause a rightward shift in the AD curve?
A) an increase in the price level B) a decrease in the price level C) an increase in imports D) a decrease in the quantity of money available in the economy E) an increase in government purchases of goods and services
How are unemployment rates in the United States related to education?
A. Higher levels of education are associated with lower rates of unemployment. B. Unemployment rates for high school dropouts and high school graduates are roughly equal and are less than the overall unemployment rate of college graduates. C. Higher levels of education are associated with higher rates of unemployment. D. Unemployment rates are highest for high school dropouts but are unrelated to education for anyone who has a high school degree or more. E. Unemployment rates are unrelated to education.