If a country exports more than it imports, then it has

a. positive net exports and positive net capital outflows.
b. positive net exports and negative net capital outflows.
c. negative net exports and positive net capital outflows.
d. negative net exports and negative net capital outflows.

a

Economics

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Unemployment caused by a recession is called:

a. structural unemployment. b. frictional unemployment. c. involuntary unemployment. d. cyclical unemployment

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When consumer spending exceeds disposable income, all of the following are true except

A. Households are dissaving. B. The APS is negative. C. The APC is greater than 1. D. The MPS is negative.

Economics