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Author Question: A decrease in government expenditure shifts the AD curve ________ and a decrease in taxes shifts the ... (Read 29 times)

CharlieWard

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on: Jun 29, 2018
A decrease in government expenditure shifts the AD curve ________ and a decrease in taxes shifts the AD curve ________.
 
  A) rightward; rightward
  B) rightward; leftward
  C) leftward; rightward
  D) leftward; leftward

Question 2

If the nominal exchange rate rises and price levels stay constant, the real exchange rate will
 
  A) rise.
  B) fall.
  C) stay constant.
  D) could rise, fall or stay constant.


katieost

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


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CharlieWard

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Reply #2 on: Jun 29, 2018
Thank you :)


katieost

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Reply #3 on: Jun 29, 2018
Happy to help you


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