Multiple Choice
Other things being equal, the effect of a downward shift of the economy's net export schedule on equilibrium GDP will be similar to a(n)
A) rightward shift in the investment-demand schedule.
B) downward shift in the consumption schedule.
C) upward shift in the consumption schedule.
D) upward shift in the investment schedule.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Assume that in a private closed economy,
Q47: (Advanced analysis) Assume the consumption schedule for
Q104: In an inflationary expenditure gap, the equilibrium
Q105: What will be the effect of an
Q106: If the MPC in an economy is
Q109: A recessionary expenditure gap exists if<br>A)planned investment
Q110: When saving is less than planned investment
Q111: In the aggregate expenditures model, technological progress
Q113: If a $20 billion increase in government
Q122: Other things equal, an increase in an