Over the most recent movement from cyclical trough to peak, 1991:Q1 to 2001:Q1, gross private domestic investment ________ approximately ________ percent

A 10 percent increase in the price of butter reduces butter consumption by about 5 percent. The increase causes households to

a. spend more on butter. b. spend less on butter. c. spend the same amount on butter. d. consume more goods like bread that are complements of butter.

If a country has $2.4 billion of net exports and purchases $4.8 billion of goods and services from foreign countries, then it has

a. $7.2 billion of exports and $4.8 billion of imports. b. $7.2 billion of imports and $4.8 billion of exports. c. $4.8 billion of exports and $2.4 billion of imports. d. $4.8 billion of imports and $2.4 billion of exports.