Refer to the above figure. If real Gross Domestic Product (GDP) is $2 trillion, then
A) the level of total planned expenditures is less than real GDP.
B) the level of total planned expenditures is greater than real GDP.
C) the level of total planned expenditures equals real GDP.
D) the level of total planned expenditures equals zero.
B
Economics
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If the current account balance is $30 billion, and the capital and financial account balance is $35 billion, then the official settlements account balance is ________ billion, and the official reserves ________
A) $5 billion; increase B) -$5 billion; increase C) $5 billion; decrease D) -$5 billion; decrease
Economics
Is a typical person likely to gather more information when buying a new computer or when voting for a member of the U.S. Senate? Why?
What will be an ideal response?
Economics