If real GDP decreases, the
A) supply of money decreases.
B) demand for money increases.
C) supply of money increases.
D) demand for money decreases.
E) quantity of money demanded increases.
D
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Under a fixed exchange rate system, if the inflation rate of the United States exceeds the inflation rate of other nations, the
A) dollar will depreciate. B) dollar will appreciate. C) United States will develop a trade surplus. D) United States will develop a trade deficit.
In both perfectly competitive and monopoly markets, the price per unit of a good is equal to the
Last year country A's residents purchased $700 billion of goods and services from and sold $500 billion of goods and services to residents of foreign countries. Its domestic investment was $1,100 . What was country A's saving? Show your work
If in a system of fixed exchange rates the dollar price of euros is above the market equilibrium level:
A. gold will flow from the United States to Europe. B. there will be a surplus of euros. C. the U.S. government will have to ration euros to U.S. importers. D. there will be a shortage of euros.