The government expenditure multiplier reflects the magnification on ________ from a change in government expenditure on goods and services
A) tax receipts
B) aggregate demand
C) aggregate supply
D) the budget deficit
E) potential GDP
B
Economics
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If the exchange rate changes from $0.08 = 1 mexican peso to $0.09 = 1 mexican peso, then
A) the peso has depreciated and the dollar has appreciated. B) both the peso and dollar have appreciated. C) both the peso and dollar have depreciated. D) the peso has appreciated and the dollar has depreciated.
Economics
A dominant strategy
A) is one that a firm is forced into following by government policy. B) involves colluding with rivals to maximize joint profits. C) involves deciding what to do after all rivals have chosen their own strategies. D) is one that is the best for a firm, no matter what strategies other firms use.
Economics