The wealth effect refers to
A) the impact of household real wealth on consumption,savings,and the IS curve.
B) the impact of household real wealth on money,prices,and the LM curve.
C) the impact of household real wealth on short term and long term interest rates.
D) the impact of household real wealth on aggregate supply curve.
Correct Answer:
Verified
Q1: Positive output gap indicates that
A)the actual real
Q2: During recent Global Economic Crises,consumers' real wealth
Q3: Ceteris paribus,bond price and bond yields are
A)inversely
Q5: Teaser interest rates refer to
A)the initial rates
Q6: When actual real GDP is below natural
Q7: Financial markets are
A)institutions that make loans to
Q8: When actual real GDP is above natural
Q9: Funds are channeled from savers to borrowers
Q10: During recent Global Economic Crises,consumers' wealth in
Q11: Institutions that make loans to borrowers and
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