Because the U.S. traditionally gives more foreign aid than it receives, the U.S. traditionally has a negative value for

A) the capital account balance.
B) the trade balance.
C) investment income.
D) net transfers received.
E) all of the above

D

Economics

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A change in tax rates

A) has a larger multiplier effect the smaller the tax rate. B) has a less complicated effect on GDP than does a tax cut of a fixed amount. C) will not affect disposable income. D) will not affect the size of the multiplier.

Economics

Refer to Table 20-9. Suppose that the data in the table above reflect the price levels in the economy. Given that data, we can say that the cost of living rose by ________ between 2015 and 2016?

A) 2% B) 5% C) 8% D) 11% E) 13%

Economics