Consider a closed economy without a government and without international trade. What will be TRUE when this economy is in equilibrium?
A) Planned real consumption spending equals real GDP.
B) Total planned real investment spending will exceed total planned real expenditures.
C) Planned real consumption spending plus planned real investment spending equals real GDP.
D) Planned real investment spending will exceed real planned saving.
Question 2
An expansionary monetary policy results in lower interest rates, which in turn
A) reduces the international price of the dollar and increases net exports.
B) increases the foreign demand for U.S. financial instruments, lowering the international price of the dollar and decreasing net exports.
C) reduces the foreign demand for U.S. financial instruments and reduce net exports.
D) increases foreign demand for U.S. financial instruments, raising the international price of the dollar and reducing net exports.
The cardiovascular system. A schematic view of the closed circulation of blood. The heart is section
International Television Viewing Rates in Childhood In most developed countries, children watch TV
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Renzo Piano Building Workshop, Aerial view of Kansai International Airport, Osaka, Japan.
Transatlantic Slave Trade
Japan’s Economy and Society