If the slope of the aggregate expenditure curve is 0.75, the expenditure multiplier is equal to

A) 1.33. B) 4.00. C) 0.75. D) 0.25. E) 5.00.

B

Economics

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The mound-shaped yield curve in the figure above indicates that the inflation rate is expected to

A) remain constant in the near-term and fall later on. B) fall moderately in the near-term and rise later on. C) rise moderately in the near-term and fall later on. D) remain unchanged in the near-term and rise later on.

Economics

An increase in the demand curve for orange juice would be illustrated as a

A) leftward shift of the demand curve. B) rightward shift of the demand curve. C) movement up along the demand curve. D) movement down along the demand curve.

Economics