The negative supply shock of 2007, compared to the shocks in 1973 & 1979, involved ________
A) a larger decrease in aggregate demand
B) larger decreases in the real interest rate
C) smaller decreases in aggregate supply
D) larger increases in the real interest rate
C
Economics
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Economies where goods and services are traded directly for other goods and services are called ________ economies
A) barter B) seigniorage C) direct D) trade
Economics
If the discount rate increases
A) NPV does not change. B) NPV rises. C) NPV falls. D) investment also increases.
Economics