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Author Question: If the aggregate demand curve and the aggregate supply curve intersect at a level of real GDP less ... (Read 114 times)

newbem

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  • Posts: 579
on: Jun 29, 2018
If the aggregate demand curve and the aggregate supply curve intersect at a level of real GDP less than potential GDP, there is
 
  A) a recessionary ga

Question 2

An increase in Swiss prices will cause
 
  A) an increase in the demand for U.S. dollars and an increase in the exchange rate of Swiss francs per dollar.
  B) a decrease in the demand for U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar.
  C) an increase in the supply of U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar.
  D) a decrease in the supply of U.S. dollars and an increase in the exchange rate of Swiss francs per dollar.


kilada

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

A

Answer to Question 2

D


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