If the interest rate were to fall, we expect that
A) the supply of money will fall.
B) the supply of money will rise.
C) autonomous expenditures will rise.
D) the demand for money will fall.
C
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The high growth rate in China in the last twenty years has similarities to the high growth rate of ________ during the 1950s and 1960s
A) the United States B) the Soviet Union C) Brazil D) Mexico
Define real shocks, define nominal shocks, and give an example of each
What will be an ideal response?
Cross elasticity among goods in a perfectly competitive market is infinite
Indicate whether the statement is true or false
A depreciation of the U.S. dollar will benefit the _____. a. countries exporting to the U.S
b. Australian firms selling in the U.S. c. U.S firms selling in Europe d. Japanese investors who have invested money in the U.S.