Multiple Choice
Consider the wealth effect,interest rate effect,and international trade effect.Of these,the ________ effect is the most significant and the ________ effect is the least significant.
A) wealth; international trade
B) wealth; interest rate
C) interest rate; wealth
D) interest rate; international trade
E) international trade; wealth
Correct Answer:
Verified
Correct Answer:
Verified
Q107: When firms invest less because people are
Q108: If the price level rises by 10
Q109: What happens to net export spending when
Q110: A severe drought hits a country and
Q111: If the current short-run equilibrium level of
Q113: _ would cause a leftward shift of
Q114: The aggregate demand curve illustrates the<br>A) positive
Q115: How does the international trade effect explain
Q116: When median home prices rise,the value of
Q117: The price index used to illustrate the