Exam 2: National income accounting

Assume the budget deficit decreased by $15 billion, private domestic saving decreased by $20 billion, exports increased by $10 billion, and imports increased by $15 billion.By how much did private domestic investment change?

The difference between gross domestic investment and net domestic investment is equal to

If private domestic saving exceeds private domestic investment by $220 billion and government spending exceeds tax revenue by $340 billion, then

The consumer price index (CPI) and the producer price index (PPI) differ from each other since

If imports increase by $15 billion, which of the following has to happen for GDP to rise?

If the U.S.budget deficit increased substantially while private domestic saving and private domestic investment remained roughly the same, then

If nominal GDP is $8,820 billion and the GDP-deflator is 105, then real GDP is

If private domestic saving in an economy increases, which is the most likely to occur?

As a percentage of GNP, the U.S.federal debt

Assume nominal GDP increased by 4.2% in the U.S.but by only 3.4% in Germany.We can definitely conclude that

If nominal GDP was about $600 billion and real GDP was about $2,400 billion in 1962, then the GDP-deflator for that year was

If the budget surplus increases, which of the following is likely to happen?

Assume that GDP = 8,100, consumption = 5,400, gross private domestic investment = 1,200, government purchases = 1,600.Which of the following is true?

The PCE deflator measures

If nominal GDP increased from $8,000 billion in the base year to $8,400 billion in the following year and real GDP stayed the same, which is true?

For a simple economy with no depreciation, no government, and no foreign sector, which of the following identities would be correct?

Increases in unwanted business inventories are counted as

The budget deficits in the early 1980s were largely financed through

Which of the following statements is true?

If the U.S.unemployment rate has increased, which of the following must have occurred?