A market in which businesses, households, and governments buy and sell national currencies is

From the Keynesian perspective, an exogenous increase in investment is likely to lead to

A) a decrease in interest rates. B) an increase in output. C) an increase in the money supply. D) a decrease in government spending.

If the federal government tries to make fiscal policy sustainable by decreasing expenditure on transfer programs such as Social Security, Medicare, and Medicaid, ________ will bear the burden of adjusting fiscal policy, and this will result in a

lower standard of living for those who bear the burden. A) high-income households B) individuals in the labor force C) middle class taxpayers D) the elderly and poor