We ADD to the GDP when goods produced abroad are sold in the United States
Indicate whether the statement is true or false
FALSE
Economics
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The IS curve slopes upward because
a. as income rises, savings rise and consumption falls, decreasing output. b. as interest rates rise, the money supply rises, increasing output. c. as interest rates rise, planned investment must fall, increasing output. d. as income increases, money demand rises, which increases interest rates.
Economics
Half of Social Security taxes are paid by the employer and half are paid by the employee. What would happen if the employer was made to pay the entire amount? Explain your reasoning
What will be an ideal response?
Economics