Refer to the information provided in Figure 26.6 below to answer the question(s) that follow. Figure 26.6Refer to Figure 26.6. Suppose the equilibrium output is initially $600 billion. A decrease in the Z factors ________ equilibrium output and ________ the price level.

A. decreases; leaves unchanged
B. increases; increases
C. leaves unchanged; increases
D. increases; decreases


Answer: B

Economics

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The main reason for the rising market value of corporate stock is

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In a model of the saving rate, which of these relationships is most crucial?

A) the effect of the saving rate on government spending B) the effect of government spending on the saving rate C) the effect of the saving rate on taxes D) the effect of taxes on the saving rate E) the effect of the saving rate on the real wage

Economics

According to the rule of 70, a country will double its real GDP per capita in 10 years if it:

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Economics