Shift to the left or right for supply: number of sellers decreases
What will be an ideal response?
left
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The exchange rate is the
A) opportunity cost of pursuing a nation's comparative advantage. B) price of one country's currency expressed in terms of another country's currency. C) ratio between imports and exports. D) interest rate that is charged on risk-free international capital flow.
When the Fed purchases U.S. government securities through the open market, the money supply: a. increases, the interest rate falls, and the quantity of money demanded increases. b. falls, the interest rate falls, and the quantity of money demanded increases
c. increases, the interest rate increases, and the quantity of money demanded increases. d. falls, the interest rate increases, and the quantity of money demanded falls. e. falls, the interest rate falls, and the quantity of money demanded falls.
Which of the following statements is most correct?
A. Financial intermediaries are banks. B. A bank is a financial intermediary. C. Financial intermediaries are essential to direct finance. D. Financial intermediaries are insurance companies.
The Employment Act of 1946 reflects which one of the following functions of government?
A. correcting externalities B. providing public goods C. improving economy-wide stabilization D. providing a legal system