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

You might also like to view...

The amount you pay for apps to download to your cell phone is an example of a(n) ________ cost

A) implicit B) opportunity C) explicit D) network

Economics

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.

A) 1 B) 4 C) 2 D) 3

Economics