When a country's imports are larger than its exports, the country is running a trade deficit.
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Q12: The purchase of a new house is
Q13: The purchase of an airplane produced in
Q14: In 2013, which component of U.S. GDP
Q15: Consumption spending includes spending on durable goods,
Q16: Spending on new housing, which economists refer
Q18: GDP measures the total income a society
Q19: Last year in a small economy, consumption
Q20: What are the four subcategories of investment
Q21: Real GDP in a given year is
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Q22: Table 16.2: 
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