As disposable income ________, planned consumption expenditure ________ by a ________ amount
A) decreases; increases; larger
B) increases; decreases; smaller
C) increases; increases; larger
D) increases; increases; smaller
E) decreases; increases; smaller
D
Economics
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An increase in the money supply by the Federal Reserve is likely to increase
I. net exports. II. the exchange rate. III. interest rates. IV. aggregate demand. A) I, II, III, and IV B) I, II, and IV C) I, III, and IV D) I and IV
Economics
The labor supply shock hypothesis suggests that
A) the United States and Europe are following similar labor market policies. B) there is a one-way causation from labor productivity to real wage growth. C) slow real wage growth and slow productivity growth are simultaneously determined by the labor market system. D) B and C. E) none of the above.
Economics