Studies of NAFTA have concluded that free trade caused ______ in the variety of U.S. imports from Mexico.

a. decreases
b. increases
c. no change
d. slight decreases

Ans: b. increases

Economics

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Suppose real GDP is $13 trillion and potential real GDP is $13.5 trillion. If Congress and the president increase government purchases by $500 billion, then the economy will be brought to equilibrium at potential real GDP

Indicate whether the statement is true or false

Economics

If an economy wants to experience economic growth, what decision must it make and carry out? Explain

Economics