For the United States in 2012, exports and imports were roughly what percent of its GDP?
A. 56 percent and 44 percent, respectively
B. 41 percent and 37 percent, respectively
C. 21 percent and 26 percent, respectively
D. 14 percent and 17 percent, respectively
D. 14 percent and 17 percent, respectively
Economics
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The values on the axes of the long-run aggregate supply diagram are
A) real GDP and interest rates. B) real GDP per year and the price level. C) nominal GDP and the price level. D) real GDP and nominal GDP.
Economics
How is economic value created during transactions between buyers and sellers?
Economics