The interest-rate effect is the impact on real GDP caused by the direct relationship between the interest rate and the:

a. price level.
b. exports.
c. consumption.
d. investment.


a

Economics

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If a demand curve goes through the point P = $6 and Qd = 400, then

A. $6 is the highest price consumers will pay for 400 units. B. $6 is the lowest price consumers can be charged to induce them to buy 400 units. C. 400 units are the most consumers will buy if price is $6. D. consumers will buy more than 400 if price is $6. E. both a and c

Economics

A temporary increase in the price of oil would

A. decrease short-run aggregate supply and leave long-run aggregate supply unchanged. B. increase both short-run and long-run aggregate supply. C. increase short-run aggregate supply and decrease long-run aggregate supply. D. decrease both short-run and long-run aggregate supply.

Economics

If the price elasticity of supply of a good is 2, a 200% increase in the price of the good, will change the quantity supplied by:

A) 50%. B) 100%. C) 200%. D) 400%.

Economics

Why don't the winners from free trade win the political argument?

What will be an ideal response?

Economics