If V = 5, P = $3, and Y = 50, then the quantity of money equals

A decline in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate

A) rise; rise B) rise; fall C) fall; rise D) fall; fall

Poverty is

a. a relative concept b. an absolute concept c. more prevalent in North American countries than in other areas d. an insufficient income level to purchase all necessities e. the same in all countries