If currency depreciates:

a. net exports rise and the aggregate demand curve shifts inward
b. net exports rise and the aggregate demand curve shifts outward
c. net exports fall and the aggregate demand curve shifts inward
d. net exports fall and the aggregate demand curve shifts outward

b

Economics

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The policy lever most commonly used by the Fed is:

A. Changes in the discount rate. B. Buying and selling bonds. C. Changes in the reserve requirement. D. Foreign-exchange operations.

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The Industrial Revolution in England in large was the result of

A) growth in human capital. B) technological innovations encouraged by the patent system. C) population growth. D) technological innovations that were financed mainly by government spending.

Economics