If US consumers want to buy Chinese goods, they will
a. Buy Yuan and sell US Dollars
b. Sell Yuan and buy US Dollars
c. Neither buy nor sell Yuan
d. Neither buy nor sell dollars
a
Economics
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In the long-run ISLM model and with everything else held constant, the long-run effect of an expansionary monetary policy is to
A) increase real output and the interest rate. B) not change either real output or the interest rate. C) increase real output and leave the interest rate unchanged. D) increase the interest rate and leave real output unchanged.
Economics
The primary goal of any business firm is to maximize social welfare
a. True b. False Indicate whether the statement is true or false
Economics