Which of the following will most likely occur in the short run if long-run equilibrium is disturbed by an unanticipated decrease in aggregate demand?
What will be an ideal response?
A decrease in output and a lower price level
Economics
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What organization is most important due to its distribution of multilateral aid, its expertise in development, and its strong influence on other donors?
a. the World Bank b. the World Trade Organization c. the International Monetary Fund d. the UN Development Programme
Economics
The main determinant of the discount rate on a privately issued bank note was:
a. how long the issuing bank had been in operation. b. who was on the issuing bank's board of directors. c. the general reputation of the issuing bank. d. the distance of the issuing bank from the location where the note was being used.
Economics