When expansionary fiscal and monetary policies are joined with a ________ exchange rate system, the various components of economic policy often interact in ways that lead to a crisis followed by a steep recession

If a friend of yours keeps cash hidden under the mattress, he is using money as a

A) medium of exchange. B) unit of accounting. C) store of value. D) standard of deferred value.

The value of net exports increases when the value of ________

A) exports of goods and services minus imports of goods and services decreases B) imports of goods and services increase C) imports of goods and services decrease D) exports of goods and services decrease