According to the real business cycle model, ________ in aggregate demand ________ GDP
A) increases; do not affect B) increases; increase
C) increases; decrease D) decreases; increase
A
Economics
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In a city with rent-controlled apartments, all of the following are true except
A) landlords have an incentive to rent more apartments than they would without rent control. B) apartments usually rent for rates lower than the market rate. C) it usually takes more time to find an apartment than it would without rent control. D) apartments are often in shorter supply than they would be without rent control.
Economics
Economists closely follow the current account balance because they believe it can provide information on the future movement of
A) interest rates. B) gold flows. C) exchange rates. D) special drawing rights.
Economics