Refer to Figure 11.5. An increase in exports is best illustrated by diagram

A) A. B) B. C) C. D) D.

C

Economics

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Marginal utility is

a. the difference in price between one store and another. b. the difference in value between "some" of a thing and "none" of a thing. c. the difference between any two successive total utility figures. d. acquired only with the first few units of a good or service. e. utility that is barely satisfactory.

Economics

Assuming no other changes, if checkable deposits decrease by $40 billion and balances in money market mutual funds increase by $40 billion, the:

A. M1 money supply will decline and the M2 money supply will remain unchanged. B. M1 and M2 money supplies will not change. C. M1 money supply will increase and the M2 money supply will remain unchanged. D. M1 and M2 money supplies will both decline.

Economics