When exports are less than imports, the US
A) a trade surplus
B) a trade deficit
C) a income surplus
D) a government deficit
Correct Answer:
Verified
Q31: Discuss why GDP is not necessarily a
Q32: Which of the following would be classified
Q33: Gross Domestic Product consists of spending on
A)
Q34: What is disposable personal income?
A) Income that
Q35: What is included in employee compensation?
A) wages,
Q37: The circular flow of money refers to
A)
Q38: Property income includes
A) bonuses, commissions, rent and
Q39: What agency tracks aggregate activity in the
Q40: What's the difference between GNP and GDP?
A)
Q41: Mary has been working as a housekeeper
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