If consumption expenditures increased by $150 million, while GDP remained the same, which of the following could have occurred, all else equal?
a. Exports increased by $150 million
b. Imports decreased by $150 million
c. Net exports increased by $150 million
d. Net exports decreased by $150 million
e. Private investment increased by $150 million
D
Economics
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The state can expropriate the profits from innovation through legal means.
a. true b. false
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When you set aside the money you have today in order to purchase goods and services later on, you are using money as a
A) store of value. B) medium of exchange. C) standard of deferred payment. D) unit of accounting.
Economics