Determine effect on the economic variable

Assignment Help Managerial Economics

Reference no: EM1372124

For each policy or event given below, please indicate if it will increase (+), decrease (-), or it is uncertain (+/-) how it will affect the economic variable on right-hand side.

Fearing a recession, Americans begin to save a higher percentage of their incomes.
Will:
GDP (+)
GDP (+) / ( - )
GDP ( - )

Then will:
Interest Rates ( - )
Interest Rates (+)
Interest Rates (+) / ( - )

Then:
Price Level ( - )
Price Level (+) / ( - )
Price Level (+)

And Finally:
Value of $ (+) / ( - )
Value of $ ( - )
Value of $ (+)

Reference no: EM1372124

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