Currently, the price of gold is
A) fixed by the United States.
B) adjusted periodically by the IMF.
C) adjusted periodically by the World Bank.
D) determined in the market by demand and supply.
D
Economics
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The increase in spending that occurs because the real value of money increases when the price level falls is known as the
A) price effect. B) wealth effect. C) interest rate effect. D) international trade effect.
Economics
Refer to the above figure. A movement from Point A to Point B is caused by
A) an increase in income. B) an expectation of a decrease in the price of the good in that figure. C) a decrease in the price of the good in that figure. D) all of the above.
Economics