Refer to the graph shown. The shift in the graph from D1 to D2 shows how an expansionary U.S. fiscal policy can cause an increase in:
A. interest rates that reduce the dollar's value.
B. prices that raise the dollar's value.
C. prices that reduce the dollar's value.
D. interest rates that raise the dollar's value.
Answer: D
Economics
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Larry spends all his $800 monthly income on pizza and milk. The price of pizza is $4 a slice, and the price of milk is $2 per quart. The relative price of milk is
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Economics