An increase in the U.S. price level will increase U.S. net exports
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
Gross public debt is the amount of funds that
A) U.S. residents owe to foreign residents. B) the federal government owes to all holders of U.S. securities. C) the federal government owes to taxpayers. D) states owe to the federal government.
Economics
GDP is $7 trillion. If consumption is $3.5 trillion, investment is $1.4 trillion, and government purchases are $2.1 trillion, then:
A. imports exceed exports. B. exports exceed imports. C. exports are equal to imports. D. net exports cannot be determined from the available information.
Economics