Multiple Choice
If planned aggregate expenditures are $150 billion, consumption is $50 billion, investment is $30 billion, government spending is $40 billion, there is a
A) trade surplus of $270 billion.
B) trade surplus of $30 billion.
C) trade deficit of $120 billion.
D) trade balance.
Correct Answer:
Verified
Correct Answer:
Verified
Q145: In the early part of the twentieth
Q146: Under a system of floating exchange rates,
Q147: Which of the following decreases the price
Q148: The _ effect illustrates the fact that
Q149: Under the gold standard, a country had
Q151: The law of one price states that
Q152: When United States residents acquire assets abroad,
Q153: The demand and supply of two countries'
Q154: The Bretton Woods system was the major
Q155: Refer to the information provided in Figure