Ceteris paribus, as real GDP expected growth ________, investment spending ________
A) increases; decreases B) increases; increases
C) decreases; increases D) changes; does not usually change
B
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What is the best outcome for society: When firms in an oligopoly operate as a monopoly or when they act as perfect competitors? Briefly explain your answer
What will be an ideal response?
Dumping occurs when a foreign country sells its products at prices: a. below their costs
b. below the prices for which they are sold in their domestic market. c. higher than the price for which it is sold in their domestic market. d. both (a) and (b)
Taxes on commodities or on purchases are known as:
A. corporate income taxes. B. sales and excise taxes. C. personal income taxes. D. payroll taxes.
An increase in foreign output would cause the domestic country's net exports to ________ and cause the domestic country's IS curve to ________.
A. rise; shift up B. rise; shift down C. fall; shift up D. fall; shift down