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Author Question: If a change in government spending causes crowding in in an open economy, which of the following ... (Read 63 times)

james9437

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on: Jun 30, 2018
If a change in government spending causes crowding in in an open economy, which of the following might increase in addition to consumption and investment?
 
  A) unemployment B) net exports
  C) supply and demand D) stock of capital

Question 2

A country imported goods and services worth 16 billion and exported goods and services worth 15.7 billion during a particular year. This implies that the country experienced a ________ during that year.
 
  A) budget deficit B) trade deficit C) trade surplus D) budget surplus
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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frogdreck123456

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

B

Answer to Question 2

B


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