How does the U.S. economy rank in size?
A. First in economic output
B. Second in economic output
C. Third in economic output
D. Fourth in economic output
E. Fifth in economic output
Answer: A
Economics
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The passage of the ________ in 1930 sparked a trade war that caused net exports to decrease and real GDP to decrease
A) Sherman Antitrust Act B) Clayton Act C) Smoot-Hawley Tariff D) Cellar-Kefauver Act
Economics
A decrease in the money supply creates an excess
a. supply of money that is eliminated by rising prices. b. supply of money that is eliminated by falling prices. c. demand for money that is eliminated by rising prices. d. demand for money that is eliminated by falling prices.
Economics