In their pure forms, laissez-faire economies and command economies do not exist in the world.
Answer the following statement true (T) or false (F)
True
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A change that increases the real money supply relative to real money demand causes
A) the LM curve to shift down and to the right. B) the LM curve to shift up and to the left. C) the IS curve to shift down and to the left. D) the IS curve to shift up and to the right.
Which of the following did not contribute to the failing of Freddie Mac and Freddie Mae?
A) Problems with adverse selection. B) Problems with moral hazard. C) Weak regulatory oversight. D) Unethical accounting practices.
What trade-off must be considered when deciding how much of your wealth is to be held as money relative to bonds?
a. Bonds pay more interest and are easier to use for payment. b. Bonds pay less interest but are less convenient. c. Bonds pay more interest but are less convenient relative to money. d. Money pays less interest and is less convenient to use. e. Money pays more interest and is less convenient to use.
Which of the following is considered part of the supply of U.S. dollars in the market for foreign-currency exchange in the open-economy macroeconomic model?
a. both a U.S. bank wanting to lend money to a Canadian company and a U.S. firm wanting to buy computers made in South Korea b. a U.S. bank wanting to lend money to a Canadian company, but not a U.S. firm wanting to buy computers made in South Korea c. a U.S. firm wanting to buy computers made in South Korea, but not a U.S.bank wanting to lend money to a Canadian company d. neither a U.S. bank wanting to lend money to a Canadian company nor a U.S. firm wanting to buy computers made in South Korea