Refer to the above table and graph. Suppose that the price of X falls from $2 to $1, while the price of Y remains at $4. Which of the following represents the demand curve for X?

Referring to Figure 19.2, the effect of an increase in Japanese interest rates is represented by a movement from point

A) d to c. B) b to a. C) c to d. D) d to a.

In the Keynesian model in the long run, a decrease in the money supply will cause ________ in the real interest rate and ________ in the price level

A) an increase; an increase B) a decrease; a decrease C) no change; an increase D) no change; a decrease