With respect to their impact on aggregate demand for the U.S. economy, which of the following represents the correct ordering of the wealth effect, interest-rate effect, and exchange-rate effect from most important to least important?
a. wealth effect, exchange-rate effect, interest-rate effect
b. exchange-rate effect, interest-rate effect, wealth effect
c. interest-rate effect, wealth effect, exchange-rate effect
d. interest-rate effect, exchange-rate effect, wealth effect
d
Economics
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Refer to the above figure. Which point or points represent(s) a long-run equilibrium?
A) A only B) B only C) C only D) both A and B
Economics
According to the factor price equalization theorem, the ________ factor should oppose free trade policies in any given country
A) abundant B) scarce C) neither D) Can't tell without more information
Economics