During 2013, exports increase from $1.0 trillion to $1.5 trillion. If the slope of the aggregate planned expenditure (AE) curve is 0.75, real GDP increases by
A) $8.0 trillion. B) $2.0 trillion. C) $6.0 trillion. D) $1.0 trillion. E) $4.0 trillion.
B
Economics
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The more bowed the Lorenz curve, the
A) richer the society. B) more unequal the distribution of money income. C) poorer the society. D) more equal the distribution of income.
Economics
A closed shop
A. is an arrangement unions have with employers limiting employment to union members only. B. is one in which union workers cannot be hired. C. allows a firm to close its doors at will. D. is legal in the United States.
Economics