Regulatory policy used to affect credit markets is known as ________
A) fiscal restraint
B) monetary policy
C) Bierstadt relaxation
D) macroprudential regulation
D
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When a rise in the price of one item results in a decrease in the demand for another good, then the two goods are
A) substitute goods. B) complementary goods. C) inferior goods. D) satisfying the law of supply.
The exchange rate of a currency will increase if the quantity demanded exceeds quantity supplied at the current exchange rate
a. True b. False Indicate whether the statement is true or false
If there is an excess supply of money in the economy,
a. there is also an excess demand for money b. there is also an excess demand for bonds c. there is also an excess supply of bonds d. the interest rate will rise e. the Fed must intervene to restore equilibrium
These are the cost and revenue curves associated with a firm.
Assuming the firm in the graph is producing Q1 and charging P3, it is likely showing the cost and revenue curves of a firm in:
A. the long run, and no firms will enter or exit. B. the short run, and firms will leave this market. C. the long run, and firms will enter this market. D. the short run, and firms will enter this market.