From the long-run perspective of economic growth, saving A. Is a basic source of
ID: 1177754 • Letter: F
Question
From the long-run perspective of economic growth, saving
A.
Is a basic source of investment financing.
B.
Threatens growth because of the paradox of thrift.
C.
Shifts the production possibilities curve inward.
D.
Causes the long-run aggregate supply curve to shift to the left.
The idea that no one knows for certain the shape of the aggregate supply curve contributes to
A.
Inventory problems.
B.
Goal conflicts.
C.
Measurement problems.
D.
Design problems
The reason unemployment claims are a good leading indicator of economic activity is that they reflect
A.
Automatic stabilizers.
B.
Orders for new goods.
C.
Hours worked per week.
D.
Industry layoffs and hiring.
When comparing the ratio of trade to GDP, relative to other countries, the United States typically has
A.
A lower ratio for imports but a higher ratio for exports.
B.
Lower ratios for both imports and exports.
C.
A higher ratio for imports but a lower ratio for exports.
D.
Higher ratios for both imports and exports.
Dumping is said to occur when
A.
Foreign producers sell their goods abroad at prices lower than those
prevailing in their own countries.
B.
Some foreign countries have trade surpluses and others have a trade
deficit.
C.
Foreign producers sell their goods abroad at prices lower than their
marginal cost of production.
D.
Foreign producers sell their goods abroad at prices lower than our
average cost of production.
In order to increase productivity and economic growth, poor nations need
A.
A strong dictator.
B.
Increased consumption.
C.
Increased capital investment.
D.
A large military.
A.
Is a basic source of investment financing.
B.
Threatens growth because of the paradox of thrift.
C.
Shifts the production possibilities curve inward.
D.
Causes the long-run aggregate supply curve to shift to the left.
Explanation / Answer
C.
Shifts the production possibilities curve inward.
A.
Inventory problems.
D.
Industry layoffs and hiring.
C.
A higher ratio for imports but a lower ratio for exports.
A.
Foreign producers sell their goods abroad at prices lower than those
prevailing in their own countries.
C.
Increased capital investment.
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.