What is an economic variable? Give an example of an economic variable
What will be an ideal response?
An economic variable is something measurable that can have different values, such as the wages of software programmers. (Students will give many different examples.)
Economics
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Free-floating exchange rates are determined by the
A. policies of the domestic government. B. policies of foreign governments. C. forces of demand and supply in the foreign exchange market. D. forces of demand and supply in the domestic money market.
Economics
The IS curve shifts to the left when
A) taxes increase. B) government spending increases. C) the money supply increases. D) autonomous planned investment spending increases.
Economics