The aggregate expenditure line is upward sloping since as GDP increases,
A) consumption increases
B) investment increases
C) government purchases increase
D) net exports increase
A
Economics
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Which of the following is TRUE when a budget deficit exists?
A) Dissaving exists. B) Tax revenues exceed government expenditures. C) A trade surplus exists. D) Government expenditures exceed tax revenues.
Economics
An argument against free trade is that it might endanger national security
Indicate whether the statement is true or false
Economics
The line of perfect income equality is
A. X. B. Y. C. Z. D. not shown on this graph.
Economics
if a business is realizing economic losses in a competitive market, it is:
What will be an ideal response?
Economics