Which of the following events shifts the aggregate demand curve ...

[lb_gilbert]

Which of the following events shifts the aggregate demand curve leftward?
 
  A) an increase in consumption expenditures
  B) a decrease in taxes
  C) a decrease in government expenditures on goods and services
  D) an increase in net exports of goods and services

Question 2

Given the U.S. price level P, the foreign country price level P, and the nominal exchange rate E expressed in foreign currency per U.S. dollar, the real exchange rate RER is given by
 
  A) RER = E  (P/P).
  B) RER = E  (P/P).
  C) RER = (P/P) / E.
  D) RER = P / (E/P).

[wfdfwc23]

Answer to Question 1

C

Answer to Question 2

A

[lb_gilbert]

Excellent

[ryansturges]

Gracias!