Suppose a country had net exports of $7.5 billion and sold $44.6 billion of goods and services abroad. This country had
a. $44.6 billion of imports and $52.1 billion of exports.
b. $52.1 billion of exports and $44.6 billion of imports.
c. $44.6 billion of imports and $37.1 billion of exports.
d. $44.6 billion of exports and $37.1 billion of imports.
D
Economics
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Health care makes up ________ of the U.S. economy
A) about 2 percent B) roughly 8 percent C) more than one-sixth D) almost two-thirds
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Assume that the M1 multiplier is 3 and the Federal Reserve sells $100 million worth of government securities. Bank reserves will
A) rise by $100 million. B) fall by $100 million. C) fall by $300 million. D) fall by $33.33 million.
Economics