Which of the following will increase macroeconomic equilibrium real gross domestic product?
A. a decrease in taxes
B. an increase in input prices
C. a decrease in government spending
D. a decrease in productivity
Answer: A
Economics
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Paper money is fiat money because it has been declared by government as a means of exchange
a. True b. False Indicate whether the statement is true or false
Economics
If the U.S. dollar appreciates, it means that
a. the domestic price level has declined. b. the domestic purchasing power of the dollar has decreased. c. fewer U.S. dollars are required to purchase foreign currencies. d. more U.S. dollars are required to purchase foreign currencies.
Economics