The quantity of dollars demanded by foreign nations increases as
A) U.S. residents purchase more foreign goods.
B) foreigners purchase more U.S. goods.
C) more U.S. residents travel abroad.
D) U.S. exports fall.
B
Economics
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The business cycle refers to
A) fluctuations in the level of real GDP around potential GDP. B) changes in the level of nominal GDP. C) changes in the level of the stock market. D) changes in the level of employment.
Economics
A period of stagflation can be considered as part of the normal aftermath of a
a. decrease in aggregate demand. b. period of high unemployment. c. period of low unemployment. d. period of inward shifting aggregate demand.
Economics