Multiple Choice
Other things remaining the same, ________ in U.S.real GDP results in ________ in U.S.imports.
A) an increase; an increase
B) an increase; a decrease
C) a decrease; an increase
D) a decrease; no change
E) an increase; a decrease followed by no change
Correct Answer:
Verified
Correct Answer:
Verified
Q111: What is the relationship between U.S. real
Q130: Suppose that firms find that their inventories
Q189: Equilibrium expenditure is<br>A) the amount of aggregate
Q190: If autonomous spending increases by $500 billion
Q191: In an economy with no income taxes
Q192: <span class="ql-formula" data-value="\begin{array} { c c c
Q194: Discuss how the marginal propensity to consume,
Q195: When consumption expenditure is _ disposable income,
Q197: <span class="ql-formula" data-value="\begin{array} { c c }
Q198: When the real interest rate falls, there