What is the source of the supply of dollars in the market for foreign-currency exchange?
net capital outflow
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When the Federal Reserve seeks to raise the targeted federal funds rate, it ________.
A. sells government securities to increase the excess reserves available for overnight loans B. sells government securities to decrease the excess reserves available for overnight loans C. buys government securities to increase the excess reserves available for overnight loans D. buys government securities to decrease the excess reserves available for overnight loans
The figure above shows the production possibilities frontiers for the United Kingdom and France. If the United Kingdom and France specialize and engage in trade, the United Kingdom will export ________ and France will export ________
A) fish; wheat B) wheat; wheat C) fish; fish D) nothing; nothing E) wheat; fish
If a bank receiving a new deposit of $200,000 would be able, as a result, to increase their lending by at most $120,000, then the required reserve ratio equals: a. 4%
b. 25%. c. 40%. d. 50%.
Which of the following statements is not correct?
a. Male workers with good looks tend to earn more than male workers with average looks b. If discriminating wage differentials persist in competitive markets, it is primarily because employers chose to discriminate even in spite of customer preferences. c. A higher level of human capital raises a worker's wages. d. In competitive markets, workers are paid a wage equal to the value of their marginal product.