When a tariff is imposed, the demand curve for the domestic good
A) shifts downward and to the right.
B) shifts upward and to the left.
C) shifts upward and to the right.
D) shifts downward and to the left.
C
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If there are no changes in inflation expectations, a sale of government bonds by the Fed in the open market will cause ________
A) both the federal funds rate and long-run expected real interest rate to rise B) both the federal funds rate and long-run expected real interest rate to fall C) the federal funds rate to fall and the long-run expected real interest rate to rise D) the federal funds rate to rise and the long-run expected real interest rate to fall
Firms owning brand names like Coca-Cola that are so well known continue spending hundreds of millions of dollars on advertising
Since this doesn't seem to be an effort to increase consumer awareness what is the possible explanation for this behavior?
"The balance of payments is seldom in balance in practice." Discuss
What will be an ideal response?
Which of the following would not be included in the gross private domestic investment (I) category of GDP?
a. A bakery's purchase of a new oven. b. A retailer's additions to its inventories. c. Newly built residential construction. d. A bank's purchase of a U.S. Treasury bond.