The action taken by a country's central bank to prevent balance of payments policies from influencing the country's domestic money supply is called a:
A) fiscal policy intervention.
B) monetary policy intervention.
C) sterilized intervention.
D) non-sterilized intervention.
C
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A union could raise wages without causing unemployment of union members if it can increase demand for union labor. How might this goal be achieved?
What will be an ideal response?
Dumping is
A) international price discrimination. B) international monopolistic pricing. C) collusive behavior among producers in different countries. D) selling goods produced with government approval.
According to the text, critics point out that the costs incurred by firms due to regulations
A. lower production costs to the shutdown point. B. reduce taxes too far. C. increase production costs. D. none of these.
What's the most common way for a central bank to reduce the money supply?
A. Collect higher taxes B. Sell bonds to the public C. Buy bonds from the public D. Buy bonds from the government