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Author Question: It is possible for the balance of trade to be negative, and the current account to be positive. a. ... (Read 84 times)

tfester

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  • Posts: 534
on: Jun 30, 2018
It is possible for the balance of trade to be negative, and the current account to be positive.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose consumers and business decision makers become more optimistic about the future, and aggregate expenditures increase. The most likely result is that:
 a. real GDP and employment and income to decline.
  b. real GDP and employment rise.
  c. real GDP rises and employment falls.
  d. real GDP falls and employment rises.


dreamfighter72

  • Sr. Member
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  • Posts: 355
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

b


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