If the national incomes of our trading partners increase, then our aggregate demand ________.
A. decreases because consumption decreases
B. increases because net exports increase
C. decreases because net exports decrease
D. increases because consumption increases
Answer: B
Economics
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The required reserve ratio is the minimum percentage of ________ that banks are required to hold by regulation
A) reserves as total assets B) deposits as total assets C) reserves as deposits D) deposits as reserves E) reserves as total liabilities
Economics
In the classical model, an increase in government spending shifts the
a. demand for loanable funds to the right. b. demand for loanable funds to the left. c. supply of loanable funds to the right. d. supply of loanable funds to the left.
Economics