A rise in net exports shifts the aggregate
a. demand curve inward.
b. demand curve outward.
c. supply curve outward.
d. supply curve inward.
b
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Which of the following statements is incorrect with respect to the 1980s?
A) Corporate financing migrated from the short-term bank loan market to the commercial paper market. B) Money market funds could offer transactions services coupled with a diversified money market investment vehicle at very low costs because of advances in computer technology. C) Specialized monitoring services of commercial banks became more important because of new asset valuation models. D) Innovations in information technology made some small borrowers more "bankable."
Which of the following was NOT used to finance the Civil War (1861–1865)?
(a) Taxation (b) Borrowing (c) Printing money (d) Large voluntary contributions from individuals opposed to slavery