Which of the following would be added to U.S. national income?
a. an American consumer buying French wine
b. an American business selling aircraft to British Airways
c. a Swedish firm selling mobile phones to Americans
d. a French firm buying a Swedish cellular phone
b
Economics
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Which of the following events occur when fiscal expansion is used without accommodating monetary policy?
A) Total government spending increases (or net taxes decrease). B) Total private induced spending increases. C) Private induced spending decreases. D) A and B are both correct.
Economics
A mortgage that adjusts the nominal interest rate to changing rates of inflation is
A. A PPI. B. An ARM. C. A GDM. D. A COLA.
Economics