The long-run equilibrium level of RGDP only changes when the LRAS shifts

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Which of the following is most likely to cause a leftward shift in the demand curve for the Chinese yuan in exchange of the U.S. dollar?

A) An increase in the demand for U.S. products in China B) A decrease in the demand for Chinese products in the U.S. C) A decrease in the demand for U.S. products in China D) An increase in the demand for Chinese products in the U.S.

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Savings-and-loans are now federally insured through the

A) FDIC. B) FSLIC. C) NCUSIF. D) Comptroller of the Currency.

Economics