A simultaneous decrease in the demand and the supply of good X always leads to a decrease in the price of good X
Indicate whether the statement is true or false
False
Economics
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What effect does a depreciation of the dollar have on real GDP in the United States in the short run?
A) Real GDP will be unaffected by the depreciation of the dollar. B) Real GDP will rise. C) Real GDP will be unchanged, but nominal GDP will rise. D) Real GDP will fall.
Economics
The increase in interest rates that shook depository institutions began in the
A) 1950s. B) 1960s. C) 1970s. D) 1980s.
Economics