According to this Application, as the U.S. economy grew from the early 1990s, U.S. exports also increased as our demand for foreign products promoted growth in foreign countries. This increase in exports would tend to
A) decrease U.S. GDP and reduce unemployment in the short run.
B) decrease U.S. GDP and increase unemployment in the short run.
C) increase U.S. GDP and reduce unemployment in the short run.
D) increase U.S. GDP and increase unemployment in the short run.
C
Economics
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In the figure above, the lowest 20 percent of all households own ________ percent of all wealth, the next lowest 20 percent own ________ percent of all wealth and the richest 20 percent own ________ percent of all wealth
A) 20; 20; 20 B) 20; 40; 100 C) 5; 15; 40 D) 5; 20; 60
Economics
Compared to a barter economy, an economy that uses money will
A) be greedier. B) be poorer. C) have more corruption. D) have more output.
Economics