In a closed economy, private saving, , is equal to
A) I - (G - T).
B) I + (G - T).
C) I + (G + T).
D) I - (G + T).
E) I + (G - T) + C.
B
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Fill in the blank(s) with the appropriate word(s).
What are net exports? How will an appreciation of the peso affect Mexico's net exports?
What will be an ideal response?
Between 1960 and 2010, the labor force participation rate for women
A) increased until about 1996. B) decreased in most years. C) did not change. D) first rose sharply and then, after 1996, fell equally sharply. E) did not change until 1992, after which it generally increased.
Profit maximization is
A. the only motive of any firm’s management. B. a behavioral assumption to simplify analysis. C. the same as satisficing. D. a literal description of a firm’s behavior.