Everything else held constant, an increase in net exports ________ aggregate ________
A) increases; demand
B) decreases; demand
C) decreases; supply
D) increases; supply
A
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Which of the following statements is false?
A) Within each country, some individuals are made better off as a result of international trade, but one of the countries will be worse off overall. B) Although some individuals may not be made better off as a result of international trade, both countries may be made better off overall. C) Each country as a whole is made better off as a result of international trade, but individuals within each country may be made worse off. D) Not all individuals in both countries are made better off as a result of international trade.
Social Security and Medicare, programs that benefit the elderly primarily, make up the greatest share of federal redistribution programs since 1962
a. True b. False