A landscaper purchases a lawnmower, a rake, a truckload of gravel, and a chainsaw. Which of these four goods would most likely be considered as a commodity?

Consumption spending is $4.5 billion, gross private domestic investment is $3 billion, and government expenditures are $2 billion. If GDP is $14 billion, which of the following could be true regarding exports and imports in the economy?

A) Exports are $9 billion, and imports are $6 billion. B) Exports are $15 billion, and imports are $10.5 billion. C) Exports are $6 billion, and imports are $8.5 billion. D) Exports are $4.5 billion, and imports are $2 billion.

Under Alan Greenspan and Ben Bernanke, the Federal Reserve was successful in pursuing a ________ policy

A) preemptive B) inflation targeting C) exchange rate targeting D) monetary targeting