____ Are Not a Factor That Causes Currency Supply and Demand

question 28

Multiple Choice

____ are not a factor that causes currency supply and demand schedules to change.

• A) Relative inflation rates
• B) Relative interest rates
• C) Relative income levels
• D) Expectations
• E) All of these are factors that cause currency supply and demand schedules to change.

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Definitions:

MPS

The marginal propensity to save, indicating the proportion of additional income that a household saves rather than spends on consumer goods.

C

In economic formulas, "C" typically represents consumption spending by households.

Consumers

Individuals or households that purchase goods and services for personal use.

Services

Intangible products such as healthcare, education, and financial advising that are consumed at the point of delivery and do not result in ownership of physical goods.