Which one of the following is not part of the U.S. money supply?
A. Dollar bills
B. Demand deposits
C. Travelers checks
D. Gold
D. Gold
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It may be argued that Japan's explicit promotion of its microchip industry was an excellent example of successful industrial policy
What criteria would you apply to determine whether such a policy is or is not successful? Judging from your own stated criteria, was Japan's exercise successful? Why or why not? What information would a government require in order to increase the probability that its industrial policy would promote long term self-generated economic growth?
Which of the following is not one of the laws that provides the foundation for antitrust policy in the U.S.?
A. The Sherman Act B. The Cargill Act C. The Clayton Act D. The Federal Trade Commission Act
If buyers expect prices to ________ faster than the interest rate, it makes sense to _____ as much money as possible to _____ now in order to ______ in the future
a. Increase; borrow; buy; sell b. increase; save; buy; sell c. decrease; save; buy; sell d. decrease; borrow; sell; buy
A perfectly competitive firm is so small relative to the size of the market that the firm's decision about how much to produce:
a. has a significant effect on market price. b. has a significant effect on market supply. c. has no effect on market price. d. has no effect on the market demand.