The aggregate demand curve shows
A) a direct relationship between changes in the price level and changes in real GDP.
B) real GDP does not change as the price level changes.
C) an inverse relationship between the price level and real GDP.
D) an inverse relationship between changes in the price level and changes in nominal GDP.
C
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When U.S. official reserves ________, the official settlements account balance becomes negative and when U.S. official reserves ________, the official settlements account balance becomes positive
A) increase; decrease B) decrease; increase C) increase; increase D) decrease; decrease E) More information is needed about the balances on the current account and the capital account in order to answer this question.
An expectation of increased prices of a good in the future is likely to:
A. increase current demand. B. decrease current demand. C. have no impact on current demand. D. only affect seller's decisions.
Authoritarian political regimes
What will be an ideal response?
The newly industrialized Asian economies have developed by adopting the latest technology and investing in _____.?
Fill in the blank(s) with the appropriate word(s).