It has been observed that a change in monetary policy in the United States
A) has little or no effect on foreign markets.
B) leads to corresponding changes in other countries.
C) has only short run influences.
D) impacts net exports.
D
You might also like to view...
There is 5% average tax on imported goods in the United States. This tax is known as a(n) ________.
A. tariff B. sales tax C. quota D. income tax
To induce an increase in the quantity demanded of its product, a monopolist must reduce the
A) quality of its product and thereby generate a downward shift its ATC curve. B) price of its product and thereby generate a rightward shift in its demand curve. C) price of its product and thereby generate a rightward movement along its demand curve. D) quality of its product and thereby generate a downward movement along its ATC curve.
If the MPP of labor is positive, the total revenue will grow with each additional worker hired. Yet firms stop hiring before MPP reaches zero because
a. the firm's physical capacity (factory) is limited, that is, the firm's ability to hire is limited by space b. there isn't a sufficient supply of workers at the wage rate paid by the firm c. the wage rate would have to increase, which reduces MPP d. they maximize their gains from hiring at MRP = wage rate and that does not occur at MPP = zero e. marginal revenue product will become negative before MPP does
The federal budget deficit is calculated each year by:
A. subtracting consumption and investment from government spending. B. adding up consumption, investment, government purchases, and net exports. C. adding up the difference between government revenues and spending over the years of the nation's existence. D. subtracting government spending from government revenues.