Refer to the table. A decrease in government purchases of $5 would:
A. increase real GDP by $5.
B. increase real GDP by $10.
C. decrease real GDP by $5.
D. decrease real GDP by $15.
D. decrease real GDP by $15.
Economics
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If the price level rises in the United States but not in foreign nations and the current exchange rate does not change, the expected future exchange rate
A) rises. B) falls. C) stays the same. D) You can't tell from the given information.
Economics
The trend in the mortgage-backed securities (MBS) market in the early 2000s was toward more
A) subprime mortgages. B) prime mortgages. C) bubble mortgages. D) low-risk mortgages.
Economics