In January, buyers of gold expect that the price of gold will fall in February. What happens in the gold market in January, holding everything else constant?

In the United States, imports and exports make up more than half of GDP

Indicate whether the statement is true or false

Economist A says all of the following: The economy needs expansionary fiscal policy to remove it from a recessionary gap. Government should either raise its _____________ or cut ___________________. I believe the government spending multiplier is ____________ than the tax multiplier, so I favor _____________________

A) spending; taxes; larger; cutting taxes B) taxes; spending; larger; raising; spending C) spending; taxes; larger; raising; spending D) b or c E) a or c