Most trading in the retail part of the foreign exchange market is trading done among foreign exchange traders at banks.
Answer the following statement true (T) or false (F)
False
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Which of the following would cause the demand for plumbers to decrease?
a. an increase in the productivity of plumbers b. a decline in the construction of housing c. a law that mandated higher wages for plumbers d. an increase in the number of plumbers who belong to a union
A tariff shifts the ___________ curve to the ___________.
A. demand; right B. demand; left C. supply; right D. supply; left
Public goods are any goods provided by units of local, state, or federal governments.
Answer the following statement true (T) or false (F)
Why does the Fed rarely increase reserve requirements?
(A) It is not an effective way to manipulate the money supply. (B) It is too complicated as a way to make minor adjustments. (C) It can be disruptive to the whole banking system. (D) It might not have a significant effect on the money available.