A currency drain is cash ________ and has ________ effect on the money multiplier
A) draining into the banks; an
B) held at the Fed; an
C) draining into the banks; no
D) held as reserves; no
E) held outside the banks; an
E
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In stage III of the demographic transition,
(a) the birth rate and the death rate are relatively low. (b) the birth rate and the death rate are relatively high. (c) the birth rate is relatively high and the death rate is relatively low. (d) the birth rate is relatively low and the death rate is relatively high.
Antitrust enforcement of vertical relationships is generally focused on
a. The dominant firm using horizontal contracts to extend market power to other levels of the supply chain b. Vertical contracts reducing the intensity of competition c. Vertical contracts that help consumers d. All of the above
A perfectly competitive firm can continue to earn above-normal profit in the long run
a. if it has a continued technical advantage over other firms in the market and it is able to keep that advantage a secret b. if it has employees that are substantially more efficient than other firms' workers c. if its centralized location reduces its transportation costs below those of other firms d. if it has easier access to necessary raw materials e. under no circumstances
Refer to the diagrams, in which AD 1 and AS 1 are the "t;before" curves and AD 2 and AS 2 are the "after" curves. Other things equal, an increase in investment spending is depicted by:
A. panel (A) only.
B. panel (B) only.
C. panel (C) only.
D. panels (B) and (C).