U.S. net export spending rises when A) the inflation rate is ...

[rlane42]

U.S. net export spending rises when
 
  A) the inflation rate is higher in the United States relative to other countries.
  B) the value of the U.S. dollar increases relative to other currencies.
  C) the price level in the United States rises relative to the price level in other countries.
  D) the growth rate of U.S. GDP is slower than the growth rate of GDP in other countries.

Question 2

Some economists argue that the productivity slowdown from mid-1970s to mid-1990s actually didn't happen, but just appeared to happen because
 
  A) exports were becoming a less important part of the economy, and it was hard to measure decreases in output from exports.
  B) of the high inflation levels of the 1970s.
  C) new environmental laws had passed and forced firms to spend to reduce pollution, and this spending did not raise output.
  D) increased spending on health and safety raised worker productivity.

[jjorrostieta]

Answer to Question 1

D

Answer to Question 2

C

[rlane42]

Excellent

[yeungji]

TYSM