The record of a country's transactions in goods, services and assets with the rest of the world is its balance of trade.
Correct Answer:
Verified
Q98: GDP can be calculated from either the
Q99: A period during which aggregate output declines
Q100: An increase in the level of taxation
Q101: Governments are interested in achieving high but
Q102: If real GDP is growing more slowly
Q104: A nominal rise in GDP growth is
Q105: It is possible for actual GDP growth
Q106: Actual output cannot grow faster than potential
Q107: AD = C + I + G
Q108: The term 'business cycle' refers to the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents