From a Keynesian perspective, a short-run decrease in investment spending will shift the aggregate
A) supply curve to the left.
B) supply curve to the right.
C) demand curve to the left.
D) demand curve to the right.
C
Economics
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What are the differences and similarities between a depreciation and devaluation of a currency?
What will be an ideal response?
Economics
If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency into the banking system, and banks have a desired reserve/deposit ratio of 0.10, then the banks will eventually make new loans totaling ________ and the money supply will increase by ________.
A. $9,000; $9,000 B. $9,000; $10,000 C. $1,000; $1,000 D. $1,000; $9,000
Economics