Which of the following is NOT a result of a temporary fall in foreign demand on one country's exports under floating exchange rate?
A) The DD curve shifts to the left due to reduction of aggregate demand.
B) The AA curve shifts downwards due to reduction of money supply.
C) a fall in aggregate output
D) depreciation in home country's currency
E) a fall in the home interest rate
B
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The process by which inputs are transformed to outputs is referred to as:
A) production. B) distribution. C) depreciation. D) absorption.
To eliminate the trade deficits in the late 1990s would have required, in addition to the reduction of the federal budget deficit, an increase in
A. investment spending. B. the exchange value of the dollar. C. the U.S. price level. D. the saving rate.
Which of the following advertising blurbs conveys the most helpful information?
a. “Buy a Blue Note automobile and add some jazz to your life.” b. “Our store hours have expanded till 10:00 pm!” c. “Jenkins Electronics offers the best HD TVs available.” d. “When you wear Sapphire cosmetics, you’ll look like a million.”
The effect of quantitative easing is to:
What will be an ideal response?