If exports exceed imports during a period of full employment (while other planned injections equal other planned leakages), the economy
a. remains stable.
b. contracts.
c. experiences rising prices.
d. experiences falling prices.
c. experiences rising prices.
Economics
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When considering a two-input production function, one of which is increasing while the other is fixed, at some point called the point of diminishing returns, output will increase at a decreasing rate
Indicate whether the statement is true or false
Economics
What is unplanned investment? How does it occur?
What will be an ideal response?
Economics