How does an increase in real GDP affect the demand for money curve?
What will be an ideal response?
An increase in real GDP increases the demand for money and shifts the demand curve rightward.
Economics
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The marginal propensity to consume is calculated by
A) dividing the change in income by the change in consumption. B) dividing income by consumption. C) dividing consumption by income. D) dividing the change in consumption by the change in income.
Economics
In 2014, net exports in the United States were
A) zero. B) positive. C) negative. D) greater than personal consumption expenditures.
Economics