During Global Financial Crises, housing starts in the US fell by

Explain the difference between a movement along the aggregate demand curve and a shift of the aggregate demand curve

What will be an ideal response?

In the monetary small open-economy model with a fixed exchange rate, a devaluation of the domestic currency in the absence of any other shocks

A) increases the current account surplus and has no effect on the domestic money supply. B) decreases the current account surplus and has no effect on the domestic money supply. C) increases the domestic money supply and has no effect on the current account surplus. D) decreases the domestic money supply and has no effect on the current account surplus.