Changes in GDP in the medium run are determined primarily by
A) demand factors.
B) supply factors.
C) monetary policy.
D) all of the above
B
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In the figure above, which of the following represents a money flow?
A) Goods purchased B) Interest C) Capital D) Services sold E) Goods supplied
What would be the effect of an increase in the European Money Supply in the Dollar Euro Exchange Rate?
What will be an ideal response?
The American Revolution resulted in
(a) a loss of British military assistance, governmental expertise, judicial assistance and public funding for wars. (b) greatly expanded rights for wage workers and indentured servants. (c) significant change with respect to market behaviors, ownership of property and individual freedom. (d) a dramatic change in laws and the ownership of property.
Refer to Figure 36.3 for the dollar-Swiss franc foreign exchange market. Which of the following is true?
A. An increase in supply from S1 to S2 could be caused by an increase in Swiss demand for U.S. corn. B. An increase in supply from S1 to S2 could be caused by an increase in the U.S. demand for Swiss chocolate. C. The Swiss franc appreciates in value compared to the U.S. dollar when supply decreases from S2 to S1. D. The U.S. dollar appreciates in value compared to the franc when supply increases from S1 to S2.