Which of the following rises when the U.S. price level falls?
a. interest rates
b. the value of the dollar in the market for foreign-currency exchange
c. real wealth
d. All of the above are correct.
c
You might also like to view...
Gross domestic product (GDP) includes:
A. intermediate as well as final goods. B. foreign goods as well as domestically produced goods. C. used goods sold in the current time period. D. only final goods and services.
When there is a great deal of inflation the Fed will
A. sell securities on the open market. B. buy securities on the open market. C. both sell and buy securities on the open market. D. not sell nor buy securities on the open market.
Which of the following is NOT a benefit of international trade?
A) It increases overall output. B) It results in a transmission of ideas. C) It promotes self-sufficiency. D) It results in the transmission of new processes.
Who do we not include in the “civilian labor force” for our unemployment calculation?