The category of spending called "food away from home" makes up a smaller proportion of the market basket than which of the following categories?
A. Food at home
B. Gasoline
C. Medical care
D. Education
Answer: A
Economics
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Refer to the table above. What will be the value of the gross domestic product of the country if the country runs a trade surplus of $30,000 next year, everything else remaining unchanged?
A) $378,000 B) $372,000 C) $407,000 D) $524,000
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An increase in consumer wealth would shift the aggregate demand curve rightward
Indicate whether the statement is true or false
Economics