According to the article, ________ are expected to contribute ________ to China's real GDP in 2008
A) exports and consumption; positively
B) consumption and government spending; negatively
C) exports and investment; negatively
D) rental income and investment; negatively
A
You might also like to view...
Using the data in the above table, in the short-run macroeconomic equilibrium, there is
A) an inflationary gap of $1 trillion. B) an inflationary gap of $2 trillion. C) a recessionary gap of $1 trillion. D) a recessionary gap of $2 trillion.
Which of the following is considered expansionary fiscal policy?
A) Congress decreases the income tax rate. B) Legislation increases a college tuition deduction from federal income taxes. C) The Arizona legislature cuts highway spending to balance its budget. D) Congress increases defense spending.
Sunk costs should be ignored in decision making because they
a. increase the cost of the transaction b. lead to an increase in the opportunity cost of any decision c. have already been paid d. often exceed marginal and average costs e. are usually negligible when compared with the explicit costs of decisions
Relative to a world in which some people are motivated by nonmaterial incentives, if all people were motivated solely by financial incentives, then:
A. there would be no commitment problems. B. both business transactions and personal interactions would be different. C. transactions in the business world would be the same, but personal interactions would not. D. economic efficiency would be achieved more often.