If U.S. exports of goods and services exceed imports
A. GDP in the United States will be less than the sum of consumption, investment, and government purchases.
B. GDP in the United States will exceed the sum of consumption, investment, and government purchases.
C. net exports for the United States equals gross investment.
D. net exports for the United States equals gross savings.
B. GDP in the United States will exceed the sum of consumption, investment, and government purchases.
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The U.S. Health Resources and Services Administration (HRSA) forecasts that in 2020
A) the number of doctors in the United States will decrease and the number of doctors needed will increase. B) there will be a surplus of doctors in the United States. C) there will be a shortage of doctors in the United States. D) the number of doctors in the United States will increase and the number of doctors needed will decrease.
In the late 2000s, the primary source of external funds for corporations was
A) commercial paper. B) loans. C) bonds. D) stocks.
The two basic reasons why economists often appear to give conflicting advice to policymakers are differences in
a. opinions and education. b. opinions and values. c. scientific judgments and education. d. scientific judgments and values.
For a given seller, the accompanying figure shows the relationship between the number of units produced and the opportunity cost of producing an additional unit of output. If the market consists of 50 identical sellers, each with the same opportunity cost as the seller depicted in the figure, then how many units would be supplied in the market at a price of $14 per unit?
A. 175,000 B. 350 C. 17,500 D. 1,750