A current account deficit is generally a result of imports exceeding exports.

The study of the aggregate economic variables is

A) macroeconomics. B) microeconomics. C) positive economics. D) normative economics.

Which of the following measures did President Bush adopt in 2001 to get the economy moving again?

a. A hike in the wages of workers b. A ten-year tax cut c. An increase in taxes on high-income households d. Liquidation of money supply e. A decrease in government spending