Question
The MPC and MPS measure changes in consumption expenditure and saving that result from changes in A) expected inflation. B) disposable income. C) expected future
The MPC and MPS measure changes in consumption expenditure and saving that result from changes in
A) expected inflation.
B) disposable income.
C) expected future income.
D) government expenditures on goods and services.
Which of the following shifts both the LAS and SAS curves?
A) a change in the price level
B) a change in the money wage rate
C) a simultaneous change in both the price level and the money wage rate
D) an advance in technology
Everything else being the same, if the interest rate in the United States increases, then in the foreign exchange market the
A) demand for U.S. dollars will remain unchanged.
B) demand for U.S. dollars will increase.
C) demand for U.S. dollars will decrease.
D) supply of U.S. dollars will increase.
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