A real depreciation of a nation's currency gives rise to the ________ effect and the ________ effect on the current account

A) volume; value
B) depletion; expansion
C) surplus; deficit
D) output; trade
E) price; profit

A

Economics

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The M2 money supply is represented by

A) M2 = × MB. B) M2 = × . C) MB = × M2. D) MB = × .

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If the multiplier is 2, the MPC is

A. .1. B. .2. C. .5. D. .8. E. 1.0.

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