China has a larger population than India and is expected to be the most populous nation in the world throughout the twenty-first century

If a country that fixes its exchange rate has an undervalued exchange rate, then it will ________ reserves, unless it ________ its money supply to the appropriate level

A) gain; increases B) lose; increases C) lose; decreases D) gain; decreases

The Chapter 3 multiplier, because it assumes an ________ interest rate, is usually an ________ of the fiscal policy multiplier in the IS-LM model

A) endogenous, underestimate B) endogenous, overestimate C) exogenous, underestimate D) exogenous, overestimate