Even though government spending and net exports in Country A has increased, its GDP has decreased. Which of the following statements is most likely to be true of the given scenario?
a. Consumption expenditure in Country A has significantly increased.
b. Consumption expenditure in Country A has significantly decreased.
c. Investment expenditure in Country A has significantly increased

The value of money or income in terms of the quantity of goods the money can buy is called its

A) nominal value. B) marginal value. C) real value. D) implicit value.

In the late 1990s, the U.S. federal government had a budget surplus. If there is no Ricardo-Barro effect, the budget surplus ________ the real interest rate and ________ the equilibrium quantity of investment

A) did not change; did not change B) lowered; increased C) raised; increased D) raised; decreased E) lowered; decreased