An increase in the interest rate should ________ the demand for dollars and the value of the dollar, and net exports should ________

A) increase; increase
B) increase; decrease
C) decrease; decrease
D) increase; not change
E) decrease; increase

B

Economics

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If the CPI basket of goods cost $200 in the reference base period and $450 in a later year, the CPI in the later year equals

A) 225. B) 250. C) 300. D) 450.

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What does the assumption of perfect knowledge include?

What will be an ideal response?

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