Author Question: Macroeconomic equilibrium is always good, because: a. Actually, macroeconomic equilibrium can be ... (Read 76 times)

appyboo · **on:** Jun 30, 2018

Macroeconomic equilibrium is always good, because:
a. Actually, macroeconomic equilibrium can be either good or bad. It is not always good.
b. Because it is the only place where actual demand equals actual supply.
c. Because it is the only place where planned demand equals planned supply.
d. None of the above.
e. It gives the nation a breather and allows it to catch up with itself economically.

Question 2

Which of the following is not included as net income in the U.S. balance of payments?
a. Foreign dividends received by U.S. residents.
b. Profits earned by U.S. companies from foreign operations and reinvested abroad.
c. U.S. interest paid to foreigners.
d. Income paid by a U.S. company to foreign consultants.
e. All the above are included as net income in the U.S. balance of payments.