Considering only the goods and forex markets, as the economy adjusts to lower rates of interest and equilibrium is restored, the level of GDP will:
A) fall.
B) rise.
C) become unstable.
D) decline very gradually.
Answer: B) rise
Economics
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A) implicit B) opportunity C) explicit D) network
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Refer to the table below. If the cost per unit of advertising is constant at $820, what is the level of advertising per week that maximizes the industry joint profit?
Suppose the dairy industry is made of up only by the three firms above; Cow Haven, Free Cows, and Happy Cows.
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Economics