The largest component of household consumption spending is expenditures on:
a. services.
b. durable goods.
c. nondurable goods.
d. food.
e. transportation.
a
Economics
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Everything else held constant, an appreciation of the domestic currency will cause the IS curve to shift to the ________ and aggregate demand will ________
A) right; increase B) right; decrease C) left; increase D) left; decrease
Economics
In the loanable funds market, the price that borrowers must pay for earlier availability is the
a. inflation rate. b. wage rate. c. interest rate. d. exchange rate.
Economics