Persistent current account deficits for the United States have
A) increased government budget deficits.
B) decreased investment in new plant and equipment.
C) slowed economic growth.
D) None of the above are correct.
D
Economics
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Which equation is a plausible aggregate demand curve?
A) ? = 2 + 0.3Y B) Y = 50 - 1.25? C) Y = 250 - 80r D) ? = 5 - 0.4 (U – 6 ) E) none of the above
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(Last Word) Which of the following explanations argues that the Great Recession resulted from asset-price bubbles caused by euphoria and debt-fueled speculation?
A. Minsky explanation. B. Austrian explanation. C. Stimulus explanation. D. Structural explanation.
Economics