ASSIGNMENT
Q1. How is the aggregate demand curve different from the demand curve for a single good, like hamburgers?
Q2. Why does the aggregate demand curve slope downward?
Q3. How does an increase in foreign income affect domestic aggregate expenditures and demand?
Q4. How does a decrease in foreign price levels affect domestic aggregate expenditures and demand?
Q5. How is the aggregate supply curve different from the supply curve for a single good, like pizza?
Q6. Describe the four functions of money?
Q7. What is a financial intermediary?
Q8. What is the Eurocurrency market, and how is banking in the Eurocurrency market different from banking?
Q9. What are IBFs? Why do you think they were legalized?