If the dollar depreciates because of speculation or government policy, U.S
a. aggregate demand shifts left. U.S. aggregate demand also shifts left if other countries experience an increase in real GDP.
b. aggregate demand shifts left. U.S. aggregate demand shifts right if other countries experience an increase in real GDP.
c. aggregate demand shifts right. U.S. aggregate demand also shifts right if other countries experience a decrease in real GDP.
d. aggregate demand shifts right. U.S. aggregate demand shifts left if other countries experience a decrease in real GDP.
d
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The only way governments can finance a deficit is by printing new money
Indicate whether the statement is true or false
A tax may be used as a corrective device in the case of a negative externality because it will __________ marginal private costs and __________ supply.
A. increase; decrease B. increase; increase C. decrease; decrease D. decrease; increase