A decrease in the price level in the United States will have what effect on the aggregate expenditure line?
A) Aggregate expenditure will shift downward.
B) Aggregate expenditure will shift upward.
C) Aggregate expenditure will become steeper.
D) Aggregate expenditure will not be affected by a decrease in the price level in the United States.
B
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With free trade between China and the United States, the winners are ___________ and the losers are _______
A. U.S. consumers of U.S. imports; U.S. producers of the U.S. import good B. China's consumers of China's imports; China's producers of its export good C. U.S. producers of the U.S. export good; U.S. consumers of U.S. imports D. China's consumers of China's export good; China's producers of its imported good
An increase in the U.S. interest rate will most likely
A) reduce the attractiveness of investment in the United States. B) lead to a decrease in the value of the U.S. dollar. C) lead to an inflow of funds to the United States and an appreciation of the dollar. D) provide a stimulus to U.S. export industries.
The supply curve for a particular bond is vertical
a. True b. False
A particularly severe or protracted recession is called a(n):
A. peak. B. expansion. C. boom. D. depression.