If Japan's Real GDP falls, this tends to _________________ United States exports, shifting the United States AD curve to the _____________________
A) raise; right
B) raise; left
C) lower; right
D) lower; left
D
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The ceteris paribus assumption is a behavioral assumption.
a. True b. False
The demands of World War II caused our AD curve to shift to the
a. left and our AS curve to shift to the left b. left and our AS curve to shift to the right c. right and our AS curve to shift to the left d. right and our AS curve to shift to the right e. right, leaving our AS curve unchanged
Supply describes how much of something producers:
A. want to offer for sale under certain circumstances, although they may not be willing to. B. are willing and able to offer for sale at varies prices under given circumstances. C. want to sell under certain circumstances, although they may not be able to. D. are willing and able to buy under certain circumstances.
Refer to the table. The size of the M2 money supply is:
A. $2,054 billion
B. $2,696 billion
C. $5,899 billion
D. $6,792 billion