As the price level rises
a. people are more willing to lend, so interest rates rise.
b. people are more willing to lend, so interest rates fall.
c. people are less willing to lend, so interest rates fall.
d. people are less willing to lend, so interest rates rise.
d
Economics
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The official settlements account records the
A) income used to settle international lawsuits. B) revenue collected from taxing exports. C) change in official U.S. reserves. D) revenue collected from taxing imports. E) change in the official U.S. exchange rate.
Economics
Using the five criteria in the book, explain how U.S. currency is suitable to use as a medium of exchange
What will be an ideal response?
Economics