In Figure 4-6 above, with IS0 shifting to IS1, movement from points 0 to 2 requires the real money supply to ________

A) rise by the same percentage as income
B) fall by the same percentage as income
C) remain constant
D) none of the above

C

Economics

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Used cars in Poorland sold for about 20% less than new cars of the same model manufactured in the same year. However, price differences were reduced when certified used-car dealers entered into the market for used cars in Poorland

What explains this phenomenon?

Economics

Which of the following will increase aggregate expenditure in the United States?

A) an increase in the price level B) an increase in the value of the dollar C) an increase in interest rates D) an increase in government purchases

Economics