One In the News article in the text is titled "Paying for Trump's Infrastructure Spending." This article highlights the fact that pro-growth government spending must be financed with
A. higher taxes or increased borrowing
B. Investments in human capital
C. Inflation
D. A decrease in the deficit
Answer: A
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Eurobank spreads are less than U.S. spreads
Indicate whether the statement is true or false
Although the GATT was supported by most of the countries of the world, yet global trade shrank during the close of the last decade. This was due to:
a. growing suspicion among the nations of the world. b. hyperinflation in the major economies of the world. c. the recession which began in 2007. d. political turmoil in the Asian countries. e. the desire among the major players to dominate the international market.
Which is not counted in GDP?
A. A Social Security check sent to a retiree B. Government spending on highway building C. Money spent on an airline ticket D. Money spent by a company to build a new office park
The most important factor contributing to the rapid development of the Chinese economy is their access to the _______________.
Fill in the blank(s) with the appropriate word(s).