If the economy is above full employment, there is ________ gap, and as the economy adjusts toward full employment, the price level ________.
A) a recessionary; rises
B) an inflationary; falls
C) a recessionary; falls
D) an inflationary; does not change
E) an inflationary; rises
Question 2
When the U.S. interest rate ________ relative to foreign interest rates, the supply of dollars ________ and the supply curve of dollars shifts rightward.
A) rises; increases
B) rises; does not change
C) falls; decreases
D) falls; increases
E) rises; decreases
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
The answer to “What is the proper role of children in an economy?” varies by social class, ...
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