During the past decade, U.S. imports of business services have ________, U.S. exports of business services have ________, and U.S. net exports of business services have ________.
A) increased; increased; increased
B) increased; decreased; decreased
C) decreased; increased; increased
D) increased; increased; not changed
E) decreased; decreased; increased
Question 2
The difference between an orthodox stabilization plan and a heterodox stabilization plan is that the orthodox plan
A) targets the problem of inflation, while the heterodox plan targets unemployment.
B) reduces trade flows less than the heterodox plan.
C) does not include higher taxes and the heterodox plan does.
D) does not include wage and price controls and the heterodox plan does.
E) eliminates budget deficits, while the heterodox plan only reduces them.
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