The net export component of aggregate demand is defined as U.S
a. imports minus U.S. exports.
b. imports plus U.S. exports.
c. exports minus U.S. imports.
d. exports minus taxes and customs duties.
c
Economics
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Objects that have value in themselves and that are also used as money:
a. currency b. commodity money c. representative money d. fiat money
Economics
Labor-augmenting technological change refers to improvements in efficiency that
A) occur without increasing the productivity of labor or the efficiency of capital goods. B) increase the productivity of labor and the efficiency of capital goods. C) increase the efficiency of capital goods without having to increase the productivity of labor. D) increase the productivity of labor but that do not directly make capital goods more efficient.
Economics