Which of the following is not likely to be government objective ?
A. Increasing employment
B. Increasing economic growth
C. Increasing government spending
D. Increasing the level of exports
A. Increasing employment
B. Increasing economic growth
C. Increasing government spending
D. Increasing the level of exports
A. consumption falls
B. investment falls
C. Exports fall
D. imports fall
A. disguised unemployed
B. cyclical unemployed
C. seasonally unemployed
D. voluntarily unemployed
A. China’s trade deficit with the United States was very high
B. The United States refused to place quotas on Chinese goods
C. The United States imported more from China than it exported to China
D. China lowered tariffs on goods imported from the United States
A. Gross investment minus household investment
B. Gross investment minus govt. Investment
C. Gross investment minus capital consumption allowance
D. None of the above
A. always equal to one.
B. half as steep as the demand curve
C. the same as the slope of the demand curve
D. twice as steep as the demand curve
A. Price rise; output falls
B. Price fall; output rises
C. Price rise; output rises
D. Price fall; output falls