The table above gives some of the entries in the national income and product accounts. What is the value of exports?

Explain the differences between a market system, a command economy, and a mixed economy with respect to production and distribution decisions

What will be an ideal response?

Which of the following actions would the Fed undertake if it wants to follow a more restrictive monetary policy?

a. sell some of its holdings of government bonds b. decrease government expenditures c. urge the Treasury to sell more U.S. securities d. reduce the reserve requirements