This question is based on Richmond Fed President Tom Barkin’s speech, “U.S. Economy: The Road Ahead.” According to President Barkin, how did most businesses respond to the overwhelming uncertainty in 2025?

In class, we described different foreign opportunities that are attracting U.S. stock investors. Which of the following was one of those opportunities?

Fed chair-nominee Kevin Warsh seems to currently be in favor of ___.

President Trump nominated Kevin Warsh to be the next Fed chair. Warsh previously served as ___ and was known for his ___ economic forecasts.

According to Gregory Mankiw (“The Fiscal Future”), ___.

Imagine that the yield curve is upward sloping and then we receive two unexpected pieces of news: (a) the job market is much stronger than expected; and (b) the U.S. government has a credible plan to balance the budget for the foreseeable future.  After those two pieces of news were released, you should expect that the yield curve responded by ___.

The labor force participation rate has been ___ over the past 25 years.

In 2025 (the first year of President Trump’s second term), the U.S. trade deficit ___.

What happened after the enhanced ACA subsidies expired in January of this year?

Foreign investors have more money invested in ___ than in ___.