If the multiplier in an economy is 5, a $20 billion increase in net exports will:
A. increase GDP by $100 billion.
B. reduce GDP by $4 billion.
C. decrease GDP by $100 billion.
D. increase GDP by $20 billion.
A. increase GDP by $100 billion.
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When Electronic Arts, the company behind the games Zuma and Plants vs
Zombies, sold stock to the public for the first time in September 1989, funds were being raised in a ________ market, and when those newly issued shares are resold to other buyers, the sales take place in a ________ market. A) primary; primary B) secondary; secondary C) primary; secondary D) secondary; primary
All of the following would cause the production possibilities curve to shift outward EXCEPT
A) an improvement in technology. B) an increase in the amount of labor available. C) a decline in the unemployment rate. D) an increase in the level of capital stock.