Consider the above figure. If the aggregate demand curve rose from AD1 to AD3, our nation would be experiencing
A) falling prices. B) an inflationary ga
B
Economics
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Budget deficits are important because deficits
A) cause bank failures. B) always cause interest rates to fall. C) can result in higher rates of monetary growth. D) always cause prices to fall.
Economics
A two-period project has the following probabilities and cash flows:
Probability Cash flow Period 1: .25 500 .50 600 .25 700 Period 2: .30 300 .50 500 .20 700 The discount rate is 7%, and the initial investment is $1,000. How much is the expected NPV of this project?
Economics