Dividing the index of import prices by the index of export prices and multiplying by 100 generates a country's terms of trade

List and explain the three fundamental economic questions that must be answered by all economic systems

What will be an ideal response?

An increase in investment ________ aggregate demand, the aggregate demand curve shifts ________ and the economy is in the ________ phase of the business cycle

A) increases; leftward; recession B) increases; rightward; recession C) increases; rightward; expansion D) decreases; leftward; recession E) decreases; rightward; expansion