Author Question: It is possible for the balance of trade to be negative, and the current account to be positive. a. ... (Read 77 times)

tfester

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It is possible for the balance of trade to be negative, and the current account to be positive.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose consumers and business decision makers become more optimistic about the future, and aggregate expenditures increase. The most likely result is that:
 a. real GDP and employment and income to decline.
  b. real GDP and employment rise.
  c. real GDP rises and employment falls.
  d. real GDP falls and employment rises.



dreamfighter72

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  • Posts: 355
Answer to Question 1

True

Answer to Question 2

b



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