Now shopping mall giant (Dalian) Wanda, owned by Chinaâs richest man Wang Jianlin, and Vanke, the worldâs biggest residential real estate developer, founded by the mountaineering-loving Wang Shi, have âstunned the capital markets,â in the words of Chinese news site The Paper, by announcing a âstrategic partnership.â.
The second macroeconomic consideration of increased imports is the impact on exchange rates. As we have shown in the previous section, as U.S. consumers increase their consumption of imports, the supply of dollars in foreign exchange markets rises.
If the MPS in an economy is .1, government could shift the aggregate demand curve rightward by $40 billion by ______. increasing government spending by $4 billion. If the MPC in an economy is .8, government could shift the aggregate demand curve rightward by $100 billion by _____. decreasing taxes by $25 billion. An economist who favored expanded government would recommend: increases in government spending during recession and tax increases during inflation.