Virtual currency unit 2 (VCU2) is different from VCU1 because:
a. VCU1 cannot be spent in the real world; VCU2 can be spent in the real world.
b. VCU1 can only be purchased with real-word currencies. VCU2 can be purchased with real-world currencies and also earned in the virtual world.
c. VCU1 can only be earned in the virtual world; VCU2 can be earned in the virtual world or purchased with legal tender.
d. In terms of spending potential, there is no difference; both VCU1 and VCU2 can be spent in the real world.
.C
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Aggregate demand–aggregate supply analysis shows that in the long run the effect of increased aggregate spending on real GDP is:
a. negative. b. close to infinity. c. indeterminate. d. zero. e. positive.
Which of the following events could explain an increase in interest rates together with a decrease in investment?
a. The government budget went from surplus to deficit. b. The government instituted an investment tax credit. c. The government reduced the tax rate on savings. d. None of the above is correct.