Author Question: If an increase in the growth rate of AD leads to an increase in real GDP in the short run: a. the ... (Read 75 times)

jrubin · **on:** Jun 30, 2018

If an increase in the growth rate of AD leads to an increase in real GDP in the short run:
a. the increase in AD was correctly anticipated.
b. the increase in AD was greater than anticipated.
c. the increase in AD was less than anticipated.
d. the increase in AD could have been any of the above.

Question 2

The primary international reserve asset is foreign currency, mainly _____.
a. Japanese yen
b. eurobonds
c. ringgit
d. U.S. dollars
e. Chinese yuan