In a closed economy, the impact to aggregate demand from a decrease in fiscal spending is
A) a shift to the left.
B) zero.
C) a shift to the right.
D) reversed by changes in the exchange rate.
A
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Food stamps _____
a. do little to increase demand for agricultural products b. make certain low-income individuals eat healthy foods c. increase demand for agricultural products d. help fight obesity
A French export is a good
a. produced in France and sold to Britain b. used in the production of a French good c. produced in Britain d. consumed in Britain e. produced in Britain and sold to France
Which of the following countries concentrate power in a single legislative chamber?
A. unicameral B. bicameral C. unitary D. federal
The U.S. dollar will appreciate if
a. the U.S. demand for foreign exchange decreases. b. the U.S. demand for foreign exchange increases. c. the U.S. supply of foreign exchange decreases. d. Americans want to buy more foreign goods. e. foreigners want fewer American goods.