Once macroeconomic equilibrium has been established in an economy, there is no tendency for real GDP to change, even if there is a change in autonomous expenditure
a. True
b. False
Indicate whether the statement is true or false
False
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If interest rates in the United States fall,
A) the value of the dollar will fall as foreign investors increase their holdings of U.S. investments. B) the value of the dollar will fall as foreign investors decrease their holdings of U.S. investments. C) the value of the dollar will rise as foreign investors decrease their holdings of U.S. investments. D) the value of the dollar will rise as foreign investors increase their holdings of U.S. investments.
?The formula for "expected value" may be written as
A. ?(Probability of state A + Value in state A) × (Probability of state B + Value in state B) B. ?(Probability of state A × Value in state A) + (Probability of state B × Value in state B) C. ?(Probability of state A × Value in state A) – (Probability of state B × Value in state B) D. ?(Probability of state A – Value in state A) × (Probability of state B – Value in state B)