A clause in a mortgage loan contract requiring the borrower to purchase homeowner's insurance is an example of a

A price level increase tends to reduce net exports, thereby reducing the amount of real goods and services purchased in the United States. Economists refer to this phenomenon as

A) the barrier effect. B) the Gross Domestic Product (GDP) effect. C) the open-economy effect. D) the wealth effect.

A big-push strategy for economic development relies heavily on government-sponsored and financed investments

Indicate whether the statement is true or false