Multiple Choice
Which of the following statements is false?
A) The exchange rate is the price of one (country's) currency in terms of another (country's) currency.
B) A currency has appreciated in value if more of a foreign currency is needed to buy it.
C) A change in the money supply can change aggregate demand.
D) A change in business taxes can change investment,which can change aggregate demand.
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q145: The change in the purchasing power of
Q146: The real balance effect works through a
Q147: A decrease in the money supply may
Q148: As income taxes rise,disposable income _,causing _
Q149: Assume that the economy is currently in
Q151: The short-run aggregate supply curve is<br>A) downward
Q152: The level of Real GDP that the
Q153: In a two-country world,a decrease in foreign
Q154: If wage rates fall at the same
Q155: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit