All else held constant, increased U.S. exports to nations in the European Union create a ________.
A. demand for euros
B. shortage of euros
C. supply of euros
D. surplus of euros
Answer: C
Economics
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Which of the components of total planned autonomous spending has a negative multiplier, and one which is lower in absolute value than the multiplier of the others?
A) autonomous consumption B) net taxes C) planned investment D) government expenditure E) net exports
Economics
If consumption expenditures are $200 billion, total investment is $50 billion, government purchases are $40 billion, exports are $45 billion, imports are $40 billion, aggregate expenditures must be:
a. $275 billion. b. $295 billion. c. $320 billion. d. $395 billion.
Economics