The Fed can increase the money supply by conducting open market sales of U.S. Treasury Bonds, or by raising the required reserve ratio
Indicate whether the statement is true or false
false
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If U.S. GDP drops and South Korean GDP remains unchanged, which of the following will happen in the Korean won market?
a. A rightward shift of the supply curve, a depreciation of the won, and a larger number of won traded b. A rightward shift of the demand curve, a depreciation of the won, and a smaller number of won traded c. A rightward shift of the demand curve, an appreciation of the won, and a larger number of won traded d. A leftward shift of the demand curve, a depreciation of the won, and a smaller number of won traded e. A leftward shift of the supply curve, an appreciation of the won, and a smaller number of won traded.
What is meant by scientific method?
What will be an ideal response?
Given a downsloping demand curve and an upsloping supply curve for a product, an increase in the price of a substitute good will:
A. decrease equilibrium price and quantity. B. decrease equilibrium price and increase equilibrium quantity. C. increase equilibrium price and decrease equilibrium quantity. D. increase equilibrium price and quantity.
________ unemployment is NOT associated with economic fluctuations.
A. Structural B. Cyclical C. Frictional D. both Structural and Frictional