U.S. imports are goods and services
A) produced abroad and sold to Americans.
B) produced in the United States and sold to Americans.
C) produced abroad and sold to foreigners.
D) produced in the United States and sold to foreigners.
A
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If countries have similar factor endowments and productivities, their trade is likely to be interindustry
Indicate whether the statement is true or false
With a vertical LM curve, an increase in the money supply can be matched by an equal increase in money demand only through ________, which causes monetary policy to be particularly ________
A) a rise in income, strong B) a rise in income, weak C) a fall in the interest rate, strong D) a fall in the interest rate, weak
Which of the following is the most frequently used tool the Fed uses to control the supply of money?
A. the discount rate B. the reserve requirements C. open market operations D. the 30-year home-mortgage interest rate
An increase in the capital stock will:
A. shift the production function downward. B. shift the production function upward. C. flatten the production function. D. steepen the production function.