Refer to the information provided in Table 21.4 below to answer the question(s) that follow. Table 21.4Refer to Table 21.4. The value for NNP in billions of dollars is

The open-economy IS curve slopes down because any change in the foreign or home interest rate will inversely affect demand, along with a secondary effect from a change in:

A) the rate of depreciation of assets. B) the exchange rate and the trade balance. C) the real interest rate. D) the growth rate of money.

The price of a new textbook increases from $105 to $130 while the price of used copies of the textbook increases from $45 to $55. Other things equal, we would expect to observe

A. the quantity demanded of the used textbook to increase while the quantity demanded of the new textbook to fall. B. the quantity demanded of the used textbook to decrease and the quantity demanded of the new textbook to increase. C. the demand for the new textbook to increase while the demand for the used textbook to decrease. D. the quantity demanded of both to fall.