The extent to which investment spending changes with changes to income is called? the:

Compared to the past, FOMC meetings are now much more transparent. How might this transparency impact the effectiveness of monetary policy actions?

A) The transparency helps make the Fed's actions more credible and should help make policy actions more effective. B) The transparency undermines the effectiveness since financial markets can more quickly adjust their behavior to fight the policy actions. C) The transparency counteracts the secrecy in which fiscal policy is enacted, and therefore decreases its effectiveness. D) The transparency lengthens policy lags, so monetary policy takes longer to implement and take effect.

The existence of antitrust law is one reasons economists assume that most strategic behavior in the marketplace is noncooperative

a. True b. False Indicate whether the statement is true or false

An increase in the government budget deficit causes national saving to _____, the interest rate to _____, and investment to _____

Fill in the blank(s) with correct word

A current account surplus implies that

A) the country is a net lender with the rest of the world. B) the country is running a net capital account surplus. C) foreign investment in domestic securities is at very low levels. D) All of the above.