Which of the following happens if the real interest rate of an economy rises?
A) Labor demand increases. B) Labor supply falls.
C) Investment falls. D) Consumption increases.
C
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
A decrease in wealth would shift the:
A) aggregate demand curve rightward. B) aggregate demand curve leftward. C) aggregate supply curve rightward. D) aggregate supply curve leftward.
Economics