Under a fixed exchange rate regime, expansionary fiscal policy will tend to cause which of the following?

A) an increase in imports
B) an increase in net exports
C) a reduction in investment
D) all of the above

A

Economics

You might also like to view...

The figure above represents the behavior of total revenue as price falls along a straight-line demand curve. Unit elasticity of demand occurs at

A) point g. B) point h. C) point i. D) point j.

Economics

It has been noted that when the price of a good increases, people purchase less of the good. This is an example of

A) macroeconomic analysis. B) irrational behavior. C) normative economic analysis. D) positive economic analysis.

Economics