What effect would economic weakness in Europe due to a sovereign debt crisis have on the U.S. economy?
A) IS shifts to the right
B) IS shifts to the left
C) potential GDP increases
D) potential GDP decreases
B
Economics
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Which of the following is the LEAST scarce?
A) college education B) medicine C) housing D) air
Economics
Managers undertake an investment only if
a. Marginal revenue is greater than zero b. Marginal costs is less than marginal revenue c. Marginal revenue is greater than marginal costs d. Investment decisions do not depend on marginal analysis
Economics