A good way to start every Three-Sector-Model analysis is to:
a. Describe what is happening in the foreign exchange market and then proceed to explain what happens in the other two markets simultaneously.
b. Identify the economic effects that result from an economic change and then work your way backward to identify the most important part of the analysis, which is the economic shock that started it all.
c. Analyze the chain reaction of economic interactions.
d. Gather basic information about the three markets and describe qualitatively the economic setting in each market.
.D
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An autonomous monetary policy easing reduces real interest rates and raises aggregate output ________ and the inflation rate rises ________
A) temporarily; permanently B) permanently; temporarily C) permanently; permanently D) temporarily; temporarily
Macroeconomics focuses on the behavior of
A. Government agencies. B. The overall economy. C. Individual consumers. D. All of the choices are correct.
The price of a tablet increased from $250 to $400 while the price of a tablet app increased from $1 to $2. The relative price of tablets in terms of tablet apps
A. increased from 175 to 350. B. increased from 0.003 to 0.05. C. decreased from 250 to 200. D. decreased from 0.35 to 0.2.
Refer to the information provided in Figure 15.3 below to answer the question(s) that follow. 
Figure 15.3 Refer to Figure 15.3. Gwen's Country Curtains is currently manufacturing and selling 1,000 pairs of curtains per month. The ________ for this company is $80,000.
A. total revenue B. fixed cost C. profit D. total cost