A decrease in foreign income ________ exports of U.S.-made goods, so aggregate demand ________ and the aggregate demand curve shifts ________
A) increases; increases; rightward
B) decreases; decreases; leftward
C) decreases; increases; rightward
D) increases; increases; leftward
E) decreases; decreases; rightward
B
Economics
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If the money multiplier is 4, what is the required reserve ratio (RRR)?
(A) 50 percent (B) 20 percent (C) 2 percent (D) 25 percent
Economics
When negative externalities exist, the private market equilibrium represents a
A) market price which is too low and a market quantity which is too low. B) market price which is too low and a market quantity which is too high. C) market price which is too high and a market quantity which is too low. D) market price which is too high and a market quantity which is too high.
Economics