An increase in all of the following will increase aggregate demand EXCEPT
A) investment.
B) savings.
C) exports.
D) government spending.
B
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If you sold a short futures contract you will hope that bond prices
A) rise. B) fall. C) are stable. D) fluctuate.
According to the text, over 40 percent of member nations of the International Monetary Fund have
A) a fixed exchange rate. B) no separate legal currency. C) an independently floating exchange rate. D) a managed floating exchange rate.
A movement from one point to an another point on the same consumption function could be caused due to
a. changes in wealth. b. an increase in the general price level. c. decrease in the real interest rates. d. changes in disposable income.
If actual output exceeds potential output, ________ shifts upward over time.
A. the short-run AS curve B. the short-run AD curve C. the long-run AS curve D. the long-run AD curve