An increase in the real interest rate in the United States will cause the dollar to ________ relative to other currencies and ________ net exports and real GDP

Which of the following statements is true?

A) Social planners are only concerned with efficiency and not equity. B) Social planners are only concerned with equity and not efficiency. C) To some, efficiency means an even distribution of goods across society. D) To some, equity means an even distribution of goods across society.

Make use of the quantity equation to answer the following problem. If the Fed increases the money supply by 6%, economic growth is 2%, and inflation is 2%, what is happening to the velocity of money? Be specific

What will be an ideal response?