The expected effects of a tighter monetary policy are
A. lower real interest rates.
B. exchange rate depreciation.
C. lower inflation.
D. All of these responses are correct.
Answer: C
Economics
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If a decrease in price increases total revenue, what can you determine about the elasticity of demand for the good?
What will be an ideal response?
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Assuming GDP remains constant, which of the following will increase Country A's balance on goods and services?
a. Reduced saving. b. Decreased taxes. c. Increased investment d. Reduced government spending. e. None of the above.
Economics