Net exports equals the balance of trade surplus

Indicate whether the statement is true or false

FALSE

Economics

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According to the indifference principle, housing prices

a. tend to converge over time b. tend to leave individuals indifferent about where they live c. only tend to be different to compensate individuals for differences in living conditions d. only B&C

Economics

In the aggregate expenditures model, assume that the MPC is 0.75 . An increase in investment spending of $6 billion would produce an ultimate increase in real GDP of:

a. $0.25 billion. b. $0.75 billion. c. $12 billion. d. $24 billion.

Economics