Aggregate demand does not include:
a. Purchases of intermediate goods and final goods

Assume perfect capital mobility and a fixed exchange rate system. Then, an increase in government spending would shift the

a. LM schedule to the left. b. BP schedule to the right. c. BP schedule to the left. d. IS schedule to the right.

The current account balance is equal to

A. Trade balance + services balance - capital account balance. B. Total payments made by residents of the United States to foreigners plus total payments made by foreigners to residents of the United States. C .Trade balance + unilateral transfers. D. Trade balance + services balance + capital account balance.