A construction boom occurs and many of the new buildings need plywood for their framing. Which of the figures above best illustrates this change?
A) Figure A
B) Figure B
C) Figure C
D) Figure D
E) Figure A or Figure C
A
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What happens to the price elasticity of demand moving down along a downward-sloping, linear demand curve?
What will be an ideal response?
A decrease in the reserve requirement would:
A) decrease excess reserves and reflect an expansionary monetary policy. B) decrease excess reserves and reflect a contractionary monetary policy. C) increase excess reserves and reflect an expansionary monetary policy. D) increase excess reserves and reflect a contractionary monetary policy.
One of the major chains of causation in macroeconomic policymaking is government manipulation of ________ in order to affect ________, and thus ultimately ________
A) the money supply, the interest rate, equilibrium income B) the money supply, equilibrium income, the interest rate C) the interest rate, equilibrium income, the money supply D) equilibrium income, the interest rate, the money supply E) equilibrium income, the money supply, the interest rate
The CAMELS criteria to evaluate the health of banks by supervisors is not made public. Make a case for one making this information public and a case for keeping it private.
What will be an ideal response?