The 2 steps required to formulate fiscal policy
What will be an ideal response?
1) select the fiscal policy tools needed to induce the desired shift
2) specify the amount of the desired AD shift
Economics
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In 2012, which of the following countries had negative net export spending in GDP?
A) Germany B) Hong Kong C) the United States D) China
Economics
After a nation starts importing a good from overseas, the domestic price of the good
A) stays the same. B) rises. C) falls. D) might change, but more information about what the country exports is needed to determine if the price rises, falls, or does not change. E) might change, but more information about what else the country imports is needed to determine if the price rises, falls, or does not change.
Economics