Other things being equal, an increase in the rate of interest causes a(n):
A. upward movement along the demand for money curve.
B. downward movement along the demand for money curve.
C. rightward shift of the demand for money curve.
D. leftward shift of the demand for money curve.
Answer: A
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A) credit option. B) credit swap. C) credit-linked note. D) credit default swap.
The typical by-product of policies that create more equality by making the rich worse off is _____
a. an increase in the economic multiplier b. a decline in conspicuous consumption c. and increase in social stratification d. a lowering of economic productivity
International trade
A. benefits consumers but harms producers. B. can only take place if a nation has a special natural endowment for the production of a good. C. will occur if a nation has a comparative advantage in the production of a good. D. represents trade between two governments.
When taxes are a function of income as opposed to a lump sum amount, the AE function becomes flatter.
Answer the following statement true (T) or false (F)