Discuss the components of GDP using the expenditure approach
GDP equals consumption spending plus investment spending plus government spending plus net exports; GDP = C + I + G + (X ? M).
Economics
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Which of the following might be a way that an automobile driver's pollution costs could be internalized?
A) The driver could purchase abatement equipment for her car. B) The state could eliminate the gas tax. C) The state could pay a gas subsidy for everyone who drives. D) The state could allow her to drive in the HOV lane.
Economics
If U.S. residents boycotts French goods, this will
A) reduce the demand for euros in the foreign exchange market. B) increase the demand for euros in the foreign exchange market. C) cause the euro to appreciate. D) have no effect on the euro.
Economics