Economists use the price index to eliminate year-to-year changes in GDP due solely to changes in:
a. the exchange rate
b. the unemployment rate.
c. fiscal spending.
d. consumer demand.
e. the price level.
e
Economics
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In the figure above, the shift in the supply curve for U.S. dollars from S0 to S2 could occur when
A) the U.S. interest rate falls. B) the expected future exchange rate rises. C) the U.S. interest rate differential increases. D) the current exchange rate falls.
Economics
What do economists mean when they characterize households and firms as forward looking?
What will be an ideal response?
Economics