Refer to the graph shown. Suppose the economy is initially at A but then the Fed adopts an expansionary monetary policy. The initial effect of this policy will be pressure to move the economy to:
A. E.
B. B.
C. C.
D. D.
Answer: B
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For most less-developed countries, the proven technologies of the high-income countries are readily available. Why hasn't this always led to economic growth for these low-income countries?
If Sammy does not have a full-time job but is working part-time at 4 different jobs, he is counted ________ in the job data, and ________ in the persons-employed data.
A. once; 4 times B. 4 times; once C. once; not being employed D. 4 times; 4 times
In a game with multiple Nash equilibria, all of the following can be used to determine the equilibrium of the game except which one?
A) the Focal point B) a coin flip C) the Pareto criterion D) refinements
Identify the reason why U.S. Steel prefers to own iron ore mines
a. It helps them to coordinate iron ore transport and furnace operations. b. It reduces the company's raw material costs. c. It helps them to inspect the quality of the ore. d. It reduces the competition the company faces in the world steel market.