Suppose the U.S. dollar weakens against the euro (and against other major currencies). This weakening of the dollar will cause which of the following to occur?
A) The aggregate demand curve will shift to the right and the short-run aggregate supply will shift to the right.
B) The aggregate demand curve will shift to the left and the short-run aggregate supply will shift to the right.
C) The aggregate demand curve will shift to the right and the short-run aggregate supply will shift to the left.
D) The aggregate demand curve will shift to the left and the short-run aggregate supply will shift to the left.
C
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The ________ is defined as the payments to the owner plus the change in a security's value expressed as a fraction of the security's purchase price
A) yield to maturity B) current yield C) rate of return D) yield rate
Dividing fiscal policy into two instruments has the effect of introducing another policy target:
A) the interest rate. B) the national debt. C) the unemployment rate. D) the division of output between public and private spending.