Government purchases currently take up about
A) 20 percent of U.S. GNP, and this share has not changed much since the late 1950s.
B) 38 percent of U.S. GNP, and this share has not changed much since the late 1950s.
C) 18 percent of U.S. GNP, and this share has been increasing since the late 1950s.
D) 18 percent of U.S. GNP, and this share has been decreasing since the late 1950s.
E) 25 percent of U.S. GNP, and this share has been decreasing since the late 1950s.
Question 2
How does an increase in the real exchange rate affect exports and imports?
A) Exports increase; imports decrease.
B) Exports decrease; imports increase.
C) Exports increase; imports change ambiguously.
D) Exports change ambiguously; imports decrease.
E) Exports increase; imports are constant.
This chart shows the various lines of responsibility and how they differ in presidential and parliam
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
How to solve any percent efficiency problem
Growth of Government Spending, 1870–2009
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...