If U.S. prices increase relative to the rest of the world, we would expect:
A. imports to increase and net exports to increase.
B. exports to decrease and net exports to decrease.
C. imports to increase and net exports to increase.
D. exports to decrease and net exports to increase.
B. exports to decrease and net exports to decrease.
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An increase in the price of jet fuel will ________ airline travel and the equilibrium quantity of airline travel will ________
A) decrease the supply of; decrease B) increase the demand for; increase C) decrease the supply of; increase D) decrease the demand for; decrease
Keynes thought that the key to determining the broader economic effects of investment fluctuations
A) was to examine how businesses react to flexible prices and wages. B) was to closely regulate the real interest rate. C) was to understand the relationship between how much people earn and their willingness to engage in personal consumption spending. D) was to understand how changes in the money supply influences consumption decisions.
Discretionary fiscal policy _____
Fill in the blank(s) with the appropriate word(s).
How would a Version stamping machine help a firm achieve economies of scale?
Please provide the best answer for the statement.