If the expenditure multiplier is 5, the slope of the aggregate expenditure (AE) curve is
A) 0.2. B) 0.5. C) 0.8. D) 0.7. E) 0.6.
C
Economics
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The ________ production points on a production possibilities frontier are the points along and inside the production possibilities frontier
A) productively efficient B) allocatively efficient C) attainable D) unattainable
Economics
The Bretton Woods agreement created the ________, which was given the task of promoting the growth of world trade by setting rules for the maintenance of fixed exchange rates and by making loans to countries that were experiencing balance of payments
difficulties. A) IMF B) World Bank C) Central Settlements Bank D) Bank of International Settlements
Economics