If a $50 increase in government spending causes a $250 increase in national income, the value of the income multiplier is

Using a figure describing both the U.S. money market and the foreign exchange market, analyze the effects of a temporary increase in the European money supply on the dollar/euro exchange rate

What will be an ideal response?

Suppose that the inflation rate was 4 percent in 2002 and 3 percent in 2003 . This would mean that

a. the price level fell from 2002 to 2003 b. the price level fell at a faster rate in 2003 than in 2002 c. the price level rose at a faster rate in 2003 than in 2002 d. the price level rose at a slower rate in 2003 than in 2002 e. all prices in the economy rose at a rate of 3 percent in 2003