If speculators lost confidence in foreign economies and so wanted to buy more U.S. bonds
a. the dollar would appreciate which would cause aggregate demand to shift right.
b. the dollar would appreciate which would cause aggregate demand to shift left.
c. the dollar would depreciate which would cause aggregate demand to shift right.
d. the dollar would depreciate which would cause aggregate demand to shift left.
b
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Net exports are the sum of
A) the current account balance and capital account balance. B) the balance of payments accounts. C) exports and imports. D) the private sector balance and the government sector balance. E) the current account balance and the official settlements account balance.
The key to reaching a Pareto optimum through mutually beneficial exchange _____
a. is to remove barriers to international trade b. is to establish property rights for valuable resources c. is to provide start-up capital to fledgling entrepreneurs d. is to encourage people to use online auction services
Which of the following correctly describes the mechanics of the spending multiplier?
a. An initial increase in aggregate expenditure, such as an increase in government spending, shifts the aggregate expenditure curve vertically upward. b. An initial increase in aggregate expenditure, such as an increase in government spending, results in a movement along the aggregate expenditure curve to a higher level. c. An initial increase in aggregate expenditure, such as an increase in government spending, results in a movement along the aggregate expenditure curve to a lower level. d. An initial increase in aggregate expenditure, such as an increase in government spending, shifts the aggregate expenditure curve vertically downward.
Which of the following is not one of the categories into which the Bureau of Labor Statistics places each adult of each surveyed household?
a. employed b. unemployed c. underemployed d. not in the labor force