Which of the following is equivalent to the trade deficit?
a. Imports ? exports
b. Net capital inflow
c. Exports + imports
d. Net exports - imports
e. Exports ? imports
B
Economics
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If autonomous expenditure increases with no change in the price level, what happens to the AE curve and the AD curve? Which curve shifts by an amount that is determined by the multiplier and why?
What will be an ideal response?
Economics
According to the graph shown, producing 14 units:
A. will earn more profits than producing 9 or 11 units. B. will earn zero profit. C. is not as profitable as producing 11 units. D. will earn negative profits.
Economics