If the British pound sterling appreciates against the U.S. dollar, England buys _____ U.S. goods, causing the U.S. aggregate demand curve to shift to the _____.
A) more; right
B) more; left
C) fewer; left
D) fewer; right
Correct Answer:
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Q183: In macroeconomics, the long run is
A) a
Q184: Suppose the economy is at full employment,
Q185: Suppose the economy is at full employment,
Q186: Cost-push inflation occurs when
A) total spending expands
Q187: Too much spending will cause
A) cost-push inflation.
B)
Q189: A stronger dollar will shift the U.S.
Q190: If the price level is stable and
Q191: The aggregate demand curve displays
A) real GDP
Q192: The idea behind the spending multiplier is
Q193: According to John Maynard Keynes, what determines
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