Author Question: An increase in autonomous spending leads to higher ________. A) inflation B) output C) real ... (Read 487 times)

sdfghj · **on:** Jun 30, 2018

An increase in autonomous spending leads to higher ________.

A) inflation
B) output
C) real interest rate
D) all of the above
E) none of the above

Question 2

A revaluation of the exchange rate is a policy action that

A) increases the real exchange rate.
B) decreases the real exchange rate.
C) increases the nominal exchange rate.
D) decreases the nominal exchange rate.