Author Question: A net exports deficit or surplus equals A) taxes minus savings plus public and private ... (Read 64 times)

iveyjurea · **on:** Jun 29, 2018

A net exports deficit or surplus equals

A) taxes minus savings plus public and private investment.
B) the government sector balance plus the private sector balance.
C) net lending by both the private and public sector plus savings minus investment.
D) net worth plus the government sector balance minus the private sector balance.

Question 2

In the above figure, suppose the economy is initially on the demand for money curve MD1. What is the effect of an increase in the use of credit cards?

A) The demand for money curve would shift rightward to MD2.
B) The demand for money curve would shift leftward to MD0.
C) There would be a movement upward along the demand for money curve MD1.
D) There would be a movement downward along the demand for money curve MD1.