How would the real exchange rate need to change to get aggregate expenditure to increase?
A. Remain constant
B. Increase
C. Exchanges rates don't generally affect aggregate expenditure.
D. Decrease
Answer: D
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Fungibility means that
a. donors allow recipients to use aid money for any purpose they want b. even if aid money is specified for a project, this frees up a similar amount for other uses c. aid money is given for programs that allow recipients to choose how to use it, within specific limits d. aid money is given in the local currency so its source is unidentifiable e. all of the above
The costs of inflation have been most apparent in the post-war period in countries like
A) Argentina. B) Belgium. C) the United States. D) Canada. E) Japan.
Which of the following would be categorized as "land"?
A) timber B) human capital C) buildings D) entrepreneurship
Between 2001-2005,
a. both sub-prime and adjustable rate mortgages decreased as a share of the total. b. both sub-prime and adjustable rate mortgages increased as a share of the total. c. sub-prime loans increased, but adjustable rate loans decreased as a share of the total. d. sub-prime loans decreased, but adjustable rate loans increased as a share of the total.