Refer to the Information Below

question 22

Multiple Choice

Refer to the information below.A change in net export spending would most likely be caused by changes in: The following list of factors is related to the aggregate demand curve.Real-balances effect
Household expectations
Interest-rate effect
Personal income tax rates
Profit expectations
National income abroad
Government spending
Foreign trade effect
Exchange rates
Degree of excess capacity

• A)2 and 3.
• B)5 and 6.
• C)7 and 8.
• D)6 and 9.

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Definitions:

Code

A set of rules or principles designed to regulate conduct or provide guidelines for behavior.

Indorsement

A signature, usually on the back of a check or other negotiable instrument, that transfers the rights of the document to another party or specifies conditions for its use.

Federal Reserve Board

The governing body of the Federal Reserve System, responsible for the United States' monetary policy.

Restrictive Indorsement

An endorsement on a negotiable instrument that limits the way the instrument can be further transferred or conditions under which it can be cashed.