An increase in the domestic real interest rate will tend to cause, other things the same ________
A) a depreciation of the domestic currency
B) an increase in the demand for domestic goods and services
C) an increase in demand for foreign currencies
D) an appreciation of the domestic currency
D
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Which statement best describes the effect(s) that occur when a monopoly firm reduces the price of its product?
a. The "price effect" causes total revenue to fall. b. The "output effect" causes total revenue to rise. c. The "revenue effect" causes total revenue to remain constant. d. Both a and b are correct.
Information technology lowered ______________ and increased ______________ from nonbank financial institutions
Fill in the blank(s) with the appropriate word(s).
On average, U.S. real GDP has grown roughly _____ percent per year.
A.) One. B.) Three. C.) Seven. D.) Five.
Total product divided by the variable input is
A. average total cost. B. average product. C. marginal cost. D. marginal product.