Which of the following is not a component of investment spending?

A) spending by firms on equipment
B) the purchase of 1000 shares of corporate stock
C) residential construction
D) changes in inventories

B

Economics

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If the current account balance is -$100 billion, net interest = $0, net transfers = $0, then

A) the country is loaning abroad. B) there was an increase in net foreign assets. C) exports are greater than imports. D) the capital and financial account balance must be +$100 billion. E) imports are greater than exports.

Economics

The new classical explanation of aggregate supply in the short run builds on research by

A) Irving Fisher. B) John Maynard Keynes. C) Robert Lucas. D) Robert Solow.

Economics