Which of the following is true of an increase in the federal government budget surplus?
a. An increase in surplus results in a decrease in the national saving.
b. An increase in surplus shifts the aggregate demand curve rightward.
c. An increase in surplus increases the federal debt
d. An increase in surplus dampens aggregate demand in the short run.
e. An increase in surplus increases the natural rate of unemployment.
d
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NAFTA has greatly improved cooperation between the U.S. and Mexico in the regulation of
A. undocumented Mexican immigrant workers in the U.S. B. Mexican banks operating in the U.S. C. travel by U.S. tourists to Mexican beaches during Spring Break. D. pollution created by maquiladoras operating in Mexico along the U.S. border.
Global resource demand has:
A. remained relatively constant because increases in population have been offset by declining consumption per person. B. declined because of technological progress. C. remained constant because population growth and increased consumption per person have been offset by technological progress. D. increased because population growth and increased consumption per person have more than offset reduced demand due to technological progress.
The United States does not use subsidies as part of its policies
Indicate whether the statement is true or false
The demand for foreign currency in the United States is a
A. direct demand based on the demand for U.S. dollars. B. derived demand based on the demand for U.S. products. C. derived demand based on the demand for foreign products. D. direct demand.