Today, almost one-quarter of the world's total economic output is sold in a country other than the country in which it was produced. The U.S. currently exports about _________ percent of the value of its GDP and imports about _________ percent.
A) 5, 10
B) 13, 16
C) 1, 2
D) 3, 6
Correct Answer:
Verified
Q30: The GDP divided by the population is
Q31: Keynesian economics recommends that during a recession
Q32: Federal revenues come primarily from
A) federal personal
Q33: Decisions of employers and employees to offer
Q34: Using government policies to increase the supply
Q36: Monetarists believe that the national government must
Q37: Most U. S. government spending goes into
Q38: The federal debt requires the U.S. Treasury
Q39: Some economic activities escape measurement in the
Q40: The rate at which money is exchanged
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