When households increase their personal savings ________
A) investment decreases
B) they are better able to cope with severe economic downturns
C) interest rates are likely to rise, as well
D) all of the above
E) none of the above
B
Economics
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If the price of papayas is 12 baht in Thailand and the exchange rate is 30 baht per dollar, then what is the dollar price of papayas?
A) $0.40 B) $2.50 C) $2.90 D) $26.00
Economics
If the long-run aggregate supply curve is vertical, factors that shift the aggregate demand curve to the left will increase the price level.
Answer the following statement true (T) or false (F)
Economics