If trade in a particular good interindustry, the expansion of an industry in one country is likely to lead to the ________ of that industry in the other country. If trade in that good is intraindustry, expansion of the industry in one country is likely to lead to the ________ in the other country

Which of the following policies would increase the demand for loanable funds and thus investment spending?

a. A reduction in the investment tax credit. b. An increase in the corporate profits tax. c. A reduction in the capital gains tax. d. An increase in the investment tax credit. e. An increase in transfer payments.

The stages of a business cycle, in order, are

a. expansion, contraction, recession, and boom. b. contraction, recession, expansion, and boom. c. boom, expansion, contraction, and recession. d. recession, contraction, expansion, and boom.