Last quarter in a closed economy GDP was 200,000 . Expenditures on capital goods such as business equipment and structures was 19,000, inventory rose 1,000, and new construction of homes was 8,000 . Consumption was 135,000 and taxes were 32,000 . What was public saving?

In the 1990s, the rising value of the U.S. dollar made imported goods cheaper and this shifted the

a. aggregate demand curve outward. b. aggregate supply curve inward. c. aggregate supply curve outward. d. total expenditures curve upward.

Refer to the information provided in Figure 24.3 below to answer the question(s) that follow. Figure 24.3Refer to Figure 24.3. The expenditure multiplier is

A. 5. B. 4. C. 2.5. D. 2.