Author Question: Government price controls make communication of information between buyers and sellers more ... (Read 73 times)

melina_rosy · **on:** Jun 30, 2018

Government price controls make communication of information between buyers and sellers more effective.
a. True
b. False
Indicate whether the statement is true or false

Question 2

GDP equals 8 trillion. If consumption equals 5.5 trillion, investment equals 500 billion, and government spending equals 1.5 trillion, then:
a. exports exceed imports by 500 billion.
b. imports exceed exports by 500 billion.
c. net exports equal zero.
d. exports exceed imports by 1 trillion.