Which of the following would NOT be a result of a contractionary monetary policy?
A) Interest rates would rise.
B) Foreign goods would become more expensive to U.S. residents.
C) Net exports would decline.
D) Imports would rise.
B
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The introduction of a new technology that raises the marginal product of new capital will:
A. decrease real interest rates and increase the equilibrium quantity of saving supplied and demanded. B. increase real interest rates and decrease the equilibrium quantity of saving supplied and demanded. C. decrease real interest rates and the equilibrium quantity of saving supplied and demanded. D. increase real interest rates and the equilibrium quantity of saving supplied and demanded.
In the Classical model, what is certain to shift the aggregate demand curve?
A) A rise in the price level B) A rise in real GDP C) A rise in the money supply D) A rise in government expenditure
Table 36-1Suppose the economy of Macroland is described by the following:C = 200 + 0.8 DI (DI = disposable income)I = 300 + 0.2Y?50r (Y = GDP)(r, the interest rate, is measured in percentage points. For example, a 9 percent interest rate is r = 9).For this economy, assume that the Federal Reserve uses its monetary policy to peg the interest rate atr = 5G = 750T = 0.25YX = 200M = 150 + 0.2YHint: DI = Y?T From Table 36-1, find the budget deficit or surplus for Macroland.
A. 125.50 B. ?93.75 C. ?126.25 D. ?154.75
Which of the following teams is not in its original franchise?
A. The Green Bay Packers (football) B. The Arizona Cardinals (football) C. The Pittsburgh Steelers (football) D. The Kansas City Royals (baseball)