The following question are based on the following diagram showing the equilibrium level of GDP. Exports are currently $60 billion and imports are $40 billion.
-If exports rise to $65 billion and imports rise to $50 billion,the C + I + G + (X - M₁) line moves ________ billion.
Definitions:
Stone's Footnote 4
A famous footnote in United States constitutional law, highlighting circumstances under which courts may have an enhanced duty to scrutinize legislation.
Carolene Products Co.
A landmark U.S. Supreme Court case notable for its Footnote Four, which suggested that certain cases, particularly those involving civil rights and liberties, should be given more exacting judicial scrutiny.
Brandenburg v. Ohio
A 1969 Supreme Court decision that established the government cannot punish inflammatory speech unless that speech is likely to incite imminent lawless action.
Supreme Court
The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases involving issues of federal law.
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