Tristan decides to purchase bonds issued by India instead of ones issued by the Brazil even though the Indian bonds have a higher risk of default. An economic reason for his decision might be that

Jory is visiting Turkey, where she notices that prices are posted in Türk lirası (the Turkish monetary unit). This best illustrates money’s function as

If a country experiences a trade deficit, then

Figure 2. On the graph, MS represents the money supply and MD represents money demand. The usual quantities are measured along the axes.   Refer to figure 2. At the end of 2050 the relevant money-supply curve was the one labeled MS1.  At the end of 2051 the relevant money-supply curve was the one labeled MS2. Assuming the economy is always in equilibrium, what was the economy’s approximate inflation rate for 2051?

The Fisher effect

Barbados has exports of $31.5 million and imports of $30 million.  Barbados

Figure 4   Refer to figure 4. If the economy is at point b, which of the following events could restore full employment?

If the marginal propensity to consume is 0.85, then the fiscal multiplier is

Aggregate demand reflects the total spending in an economy from which of the following sectors?

Name the tissue in the blue bracket