Dumping refers to countries exporting unwanted and inferior products to other countries

According to your text, many people don't understand how economic systems work because they

A) are too lazy to study them. B) don't think economic systems matter greatly. C) tend to look at them when they are not performing adequately. D) prefer to believe what they read or hear in the media. E) have not been trained in the scientific way of thinking.

In the Keynesian model, investment, government spending, and net exports are treated as autonomous expenditures, which means they are independent of:

a. expectations. b. the price level. c. political processes. d. real GDP.