From the late 1940s until the creation of the WTO, the organization that was primarily responsible for conducting rounds of trade negotiations was the

Which of the following would be included in this year's GDP?

a. the value of a used car, at its sale price b. the value of a new domestic automobile, at its sale price c. a sale of Microsoft stock from one individual to another d. the face value of a life insurance policy paid to a woman at the death of her husband

When federal government spending amounts to less than tax revenues, the federal government runs a budget deficit.

Answer the following statement true (T) or false (F)