Which of these words do not belong to the group?O a. National incomeO b. Local cultureO c. Price LevelsO d. Unemployment rateClear my choiceIf interest rates are high in the country, this will result intoO a. an increase in aggregate demandO b. a drop in inflation levelO c. a decrease on the price levelO d. an increase on the price levelWhen the exchange rate for a currency rises and becomes stronger, we say that the currency's value isO a. DepreciatingO b. AppreciatingO c. SurgingO d. Unpredictable

Local culture is not part of macroeconomics.

Answered: Which of these words do not belong to…

Which of these words do not belong to the group? O a. National income O b. Local culture O c. Price Levels O d. Unemployment rate Clear my choice

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 29P: The prime interest rate is the rate that banks charge their best customers. Based on the nominal...

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Question

Which of these words do not belong to the group?
O a. National income
O b. Local culture
O c. Price Levels
O d. Unemployment rate
Clear my choice
If interest rates are high in the country, this will result into
O a. an increase in aggregate demand
O b. a drop in inflation level
O c. a decrease on the price level
O d. an increase on the price level
When the exchange rate for a currency rises and becomes stronger, we say that the currency's value is
O a. Depreciating
O b. Appreciating
O c. Surging
O d. Unpredictable

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