Because of the rise of global competition and free trade,
a. antitrust policy may be less necessary than previously thought.
b. U.S. industrial concentration poses more of a threat to consumers.
c. U.S. markets are becoming less competitive.
d. U.S. manufacturers are seeking fewer trade barriers.
A
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In 2008, Japan's economy suffered as world economies slowed. If authorities in Japan followed the monetarist viewpoint, ________ to bring the economy back to full employment
A) taxes would be decreased and the money supply should be increased B) nothing should be done C) aggregate supply would shift leftward D) the money supply would be kept growing at a steady pace
If a bank lends funds in the form of cash, then:
a. M1 and M2 do not change. b. M2 stays the same, but M1 rises. c. M2 stays the same, but M1 falls. d. M2 rises, and M1 falls. e. M1 and M2 rise.
In a competitive labor market, if the demand for labor increases, labor demand will shift to the:
A. left and wages will decrease. B. left and wages will increase. C. right and wages will decrease. D. right and wages will increase.
If the United States is experiencing inflation, then it will be most willing to engage in international policy coordination that requires:
A. expansionary U.S. monetary policy. B. strengthening the dollar. C. weakening the dollar. D. expansionary U.S. fiscal policy.