The IS curve has a positive slope because a(n) __________ in the interest rate leads to a(n) __________ in desired investment and this leads to an increase in GDP

A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease

C

Economics

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The labor force includes people who i. are less than 16 years of age. ii. are in institutions. iii. are actively seeking a job but do not have a job

A) i only B) i and iii C) i and ii D) iii only E) i, ii, and iii

Economics

The immediate (two-day) exchange of one currency for another is a

A) forward transaction. B) spot transaction. C) money transaction. D) exchange transaction.

Economics