Which of the following is NOT a result of a temporary fall in foreign demand on one country's exports under floating exchange rate?
A) The DD curve shifts to the left due to reduction of aggregate demand.
B) The AA curve shifts downwards due to reduction of money supply.
C) a fall in aggregate output
D) depreciation in home country's currency
E) a fall in the home interest rate
B
Economics
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Asset prices in an economy are likely to fall if ________
A) firms' revenues rise B) labor supply falls C) labor demand increases D) investment falls
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The idea of continuous economic growth as a "perpetual motion machine" best reflects the prediction of which growth theory?
A) no growth theory B) the classical growth theory C) the traditional growth theory D) the Keynesian growth theory E) the new growth theory
Economics