From 1983-2015, net exports for the United States

A) were negative. B) increased as exports rose above imports.
C) grew and then declined. D) were positive.

A

Economics

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If Y = $200 billion, c = 0.75, autonomous consumption = $10 billion, and T = $20 billion, induced saving is

A) $25 billion. B) $50 billion. C) $75 billion. D) $150 billion.

Economics

The idea that hysteresis plays a role in macroeconomics implies that

a. monetary policy can have an effect on the natural rate of unemployment. b. workers can overreact to changes in monetary policy. c. stabilization policy is ineffective and counterproductive. d. fiscal policy is ineffective and counterproductive.

Economics