When price level in the United States rises,
a. there is a increased demand for borrowed money.
b. producers' demand for new machinery increases, contributing to an increase in aggregate demand.
c. Americans tend to buy more foreign goods and services.
d. the French, Canadians, and Japanese would find our exports more attractive.
e. to replenish the value of your real wealth, you would save less and consume more.
c
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Most economists attribute the growing income inequality in the United States to
A) trade. B) macroeconomic policies. C) technological change. D) changing values. E) taxes.
Prices of money market instruments undergo the least price fluctuations because of
A) the short terms to maturity for the securities. B) the heavy regulations in the industry. C) the price ceiling imposed by government regulators. D) the lack of competition in the market.