What effect does a depreciation of the dollar have on real GDP in the United States in the short run?
A) Real GDP will be unaffected by the depreciation of the dollar.
B) Real GDP will rise.
C) Real GDP will be unchanged, but nominal GDP will rise.
D) Real GDP will fall.
B
Economics
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A) imports B) capital controls C) gold movements D) interest rate changes
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What is the payoff for each firm in this one-shot game?
a. Both firms will earn 0 b. Firm A will earn 50 and firm B will earn -10 c. Firm A will earn -10 and firm B will earn 50 d. Both firms will earn 25
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