The LM curve becomes steeper if there is __________ in the interest-sensitivity of __________ demand
A) an increase; money
B) an increase; investment
C) a decrease; money
D) a decrease; investment
C
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Refer to Figure 11-4. Many countries in Africa strongly discouraged and prohibited foreign direct investment in the 1950s and 1960s. By doing so, these countries were essentially preventing a moment from
A) A to E. B) B to A. C) D to B. D) E to B.
Which four nations account for most of the population and economic activity in Latin America?
What will be an ideal response?
The global financial crisis of 2007-2008 resulted in a(n) ________ of the Swiss franc. In 2011, the Swiss central bank intervened in order to cause a(n) ________ of the franc
A) appreciation; appreciation B) depreciation; depreciation C) appreciation; revaluation D) depreciation; appreciation E) appreciation; depreciation
When the MPC gets smaller, the spending multiplier:
a. gets larger. b. gets smaller. c. stays the same. d. gets smaller at low real GDP, and larger at high real GDP. e. gets larger at low real GDP, and smaller at high real GDP.