How can governments intervene in trade?
A) by not buying products from competing countries
B) by helping reduce economic uncertainty
C) by producing cheaper products
D) all of the above
Question 2
Refer to the above figure. If real Gross Domestic Product (GDP) is 2 trillion, then
A) the level of total planned expenditures is less than real GDP.
B) the level of total planned expenditures is greater than real GDP.
C) the level of total planned expenditures equals real GDP.
D) the level of total planned expenditures equals zero.