A devaluation of a currency means that the exchange rate (price of that currency) has changed to a higher fixed rate

A sales tax on sellers of a good shifts the supply curve leftward because the tax is like a cost of production

Indicate whether the statement is true or false

The immediate determinants of investment spending are the:

A. expected rate of return on capital goods and the real interest rate. B. level of saving and the real interest rate. C. marginal propensity to consume and the real interest rate. D. interest rate and the expected price level.