If your income stays the same and the price level increases, you will buy fewer goods and services due to the
A) interest rate effect. B) real-balance effect.
C) open economy effect. D) aggregate balances effect.
B
Economics
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A decrease in the foreign real interest rate will tend to cause, other things the same ________
A) a decrease in the return on dollar assets relative to foreign assets B) an increase in the demand for dollars C) a depreciation of the domestic currency D) individuals to hold fewer dollar assets
Economics
Since the 1970s, union membership in the U.S. has been
A) rising. B) remaining constant. C) declining. D) erratic.
Economics