A temporary decrease in government purchases in the classical model would
A) shift the production function to the left.
B) shift the marginal product of labor curve to the right.
C) shift the labor demand curve to the left.
D) shift the labor supply curve to the left.
D
Economics
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The International Monetary Fund has a "quasicurrency" called
a. the Special Drawing Right. b. the Voluntary Export Restraint. c. the Monetary Trilemma. d. the Euro Dollar.
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________ increases households' saving
A) A decrease in the real interest rate B) A tax cut that increases disposable income C) Higher expected future income D) A stock market boom that increases the purchasing power of households' wealth
Economics