Everything else held constant, if aggregate output is to the ________ of the LM curve, then there is an excess ________ of money which will cause the interest rate to rise

A) right; supply
B) right; demand
C) left; supply
D) left; demand

B

Economics

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If John's marginal benefit derived from the consumption of another candy bar is greater than the price of the candy bar:

a. John will not purchase any more candy bars. b. John will increase his total satisfaction by purchasing the candy bar. c. the opportunity cost of the candy bar is lower than the price. d. John will decrease his total utility if he purchases the candy bar.

Economics

Which of the following economic indicators is used by the World Bank to classify countries as industrial or emerging economies?

a. GDP b. Rate of inflation c. Net exports d. Per capita income e. Budget deficits

Economics