Author Question: If the economy is in the expansion phase of a business cycle and investment increases, when the ... (Read 136 times)

ereecah

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If the economy is in the expansion phase of a business cycle and investment increases, when the multiplier effect kicks in, the expansion
 
  A) is not effected.
  B) peaks.
  C) picks up speed.
  D) reverses.
  E) slows down.

Question 2

A country undertakes a revaluation in order to
 
  A) decrease its net exports. B) move to a flexible exchange rate system.
  C) lower the value at which its currency is pegged. D) increase its net exports.



blfontai

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Answer to Question 1

C

Answer to Question 2

A



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