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Author Question: According to this Application, as the U.S. economy grew from the early 1990s, U.S. exports also ... (Read 69 times)

fnuegbu

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on: Jun 30, 2018
According to this Application, as the U.S. economy grew from the early 1990s, U.S. exports also increased as our demand for foreign products promoted growth in foreign countries. This increase in exports would tend to
 
  A) decrease U.S. GDP and reduce unemployment in the short run.
  B) decrease U.S. GDP and increase unemployment in the short run.
  C) increase U.S. GDP and reduce unemployment in the short run.
  D) increase U.S. GDP and increase unemployment in the short run.

Question 2

Figure 4.3 illustrates the demand for tacos. A decrease in price of tacos would bring about a movement from
 
  A) point a to point c. B) point c to point a. C) D2 to D0. D) D0 to D2.


amynguyen1221

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


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