In the 1990s, the rising value of the U.S. dollar made imported goods cheaper and this shifted the
a. aggregate demand curve outward.
b. aggregate supply curve inward.
c. aggregate supply curve outward.
d. total expenditures curve upward.
c
Economics
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Explain and show graphically the effect of a decrease in U.S. budget deficits that decrease U.S. interest rates on the demand and supply of U.S. dollars for euros
What will be an ideal response?
Economics
In the expectations-augmented Phillips curve, ? = ?e - 3(u - 0.05). When ? = 0.03 and ?e = 0.06, the unemployment rate is
A) 0.04. B) 0.05. C) 0.06. D) 0.07.
Economics