Concept international trade and aggregate demand 5

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CONCEPT International Trade and Aggregate Demand 5 When is GDP roughly the same as GNP? For countries that have a higher growth trajectory than others
For countries with a large amount of foreign direct investment and return of profits to country of origin For countries where nationals’ offshore production is countered by domestic production by foreigners For countries that rely on production owned by nationals located overseas that is not offset by foreign investment CONCEPT International Comparisons 6 Which of the following is NOT a sustainable source of growth? Increase in population, leading to more people available in the work force Invention of new forms of technology Factors that shift the SRAS curve but not the LRAS curve Factors that shift the LRAS curve to the right CONCEPT Sustainable Economic Growth 7 Which of the following corresponds with the trough in the graph shown above?
None of the other answer choices is correct. CONCEPT Business Cycles, Aggregate Demand, and Aggregate Supply 8 Some economists support the use of trade barriers when unemployment is high because of which of the following? Domestic businesses have an incentive to produce efficiently. Trade barriers have a positive effect on an international level. Trade barriers serve special interests. Comparative advantage no longer applies. CONCEPT Analysis Trade Barriers 9 Which of the following is one of the problems with using fiscal policy to reduce the severity of business cycles? Policies that are implemented could interfere with business investments of capital. It takes too long for consumers to respond to fiscal policy. It is often implemented too late to be effective. It should be based on rules that allow the money supply to grow at a consistent rate. CONCEPT
Pros and Cons of Monetary and Fiscal Policy 10 Which of the following is a clear example of sustainable economic growth?

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