Crowding out, following an increase in government spending, results from (the exchange rate is the foreign exchange price of the domestic currency)
A) higher interest rates and a lower exchange rate. B) lower interest rates and a lower exchange rate.
C) lower interest rates and a higher exchange rate. D) higher interest rates and a higher exchange rate.
D
Economics
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An increase in the minimum wage will tend to cause which of the following to occur?
A) an increase in the size of the surplus of labor B) a leftward shift in the demand for labor C) a rightward shift in the supply of labor D) a reduction in the unemployment rate
Economics
The Green GDP:
A. tries to capture the environmental effects regular GDP doesn't. B. values negative externalities. C. subtracts the environmental costs of production from the positive outputs normally counted in GDP. D. All of these statements are true.
Economics