If the central bank increases the money supply, then in the short run prices
a. rise and unemployment falls.
b. fall and unemployment rises.
c. and unemployment rise.
d. and unemployment fall.
a
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Shortly after World War II (1941–45) and the price controls ended,
(a) unemployment levels returned to those levels experienced during the Great Depression. (b) unemployment levels returned to their full employment levels. (c) unemployment dipped sharply and inflation surged. (d) unemployment rates increased and deflation emerged.
Acquisition of an existing solar cell production plant would be considered
A) a greenfield investment. B) foreign direct investment. C) anti-competitive under antitrust law. D) Both A and B.
_______ is the percentage change in the quantity of good A that is demanded as a result of a percentage change in the price of good B.
a. Elasticity of savings b. Cross-price elasticity of demand c. Income elasticity of demand d. Wage elasticity of labor supply
The WTO authorized several countries to impose about $150 million in trade sanctions against the United States in retaliation for a U.S. import law that the WTO ruled to be illegal. The organization that issued this ruling against the United States is known as the:
A. Wealth Technology Order. B. Wage Tariff Objective. C. Welfare Tax Order. D. World Trade Organization.