Which of the following accounts for a movement along a given AD curve?
a. The substitution effect
b. The tax rate effect
c. The real-balance effect
d. The foreign aid effect
e. The government spending effect
c
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The market price of one currency in terms of another currency is also known as
A) the exchange rate between those currencies. B) the future rate between those currencies. C) the spot market. D) the value of arbitrage.
Everything else held constant, the vertical section of the supply curve of reserves is lengthened when the
A) discount rate increases. B) discount rate decreases. C) federal funds rate rises. D) federal funds rate falls.
Which of the following makes short-term conditional low-interest loans to LDCs?
a. World Bank. b. Agency for International Development (AID). c. Agency for International Finance (AIF). d. International Monetary Fund (IMF).
The firm's variable cost include costs that
a. change as the price of the good changes b. change as the firm's output changes c. can never be changed d. can only be changed in the long run e. change with economies of scale and remain unchanged with diseconomies of scale