Countries that typically run a trade surplus are:
A. China, Germany and the US.
B. China, Germany, and Japan.
C. Japan, Germany and the US
D. China, Japan, and the US.
B. China, Germany, and Japan.
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In the United States, market shortages of human organs are the result of price ceilings.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 26.7 below to answer the question(s) that follow.
Figure 26.7Refer to Figure 26.7. Which of the following statements characterizes an output level of $800 billion?
A. It can be achieved only if investment is independent of the interest rate. B. It is attainable in the short run but it is associated with increases in the price level. C. It is sustainable over the long run without inflation. D. It is achievable only in the long run.