In an open economy, the real level of U.S. exports and the quantity of RGDP demanded ______ the price level
a. Move in the same direction as
b. Move in the opposite direction from
c. Are not affected by
d. Have an indeterminate relationship with
b
Economics
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In the 1980s, some states in the United States had significantly more bank failures than other states. What industries did the former states depend on heavily?
a. Oil and agriculture b. Tourism c. Defense and aeronautics d. Construction and textiles e. The computer industry
Economics
Which of the following is a determinant of market supply but not the supply curve of an individual firm?
A. Expectations. B. Technology. C. The price of factor inputs. D. The number of firms in the market.
Economics