Assume that the central bank purchases government securities in the open market. If the nation has highly mobile international capital markets and a flexible exchange rate system, what happens to the GDP Price Index and current international transactions in the context of the Three-Sector-Model?
a. The GDP Price Index falls, and current international transactions become more negative (or less positive).
b. The GDP Price Index and current international transactions remain the same.
c. The GDP Price Index rises, and current international transactions remain the same.
d. There is not enough information to determine what happens to these two macroeconomic variables.
e. The GDP Price Index rises, and current international transactions become more positive (or less negative).
.E
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Kaiser-Permanente, the nation's largest health maintenance organization, was founded:
a. as a network-model HMO. b. as a group-model HMO. c. to provide access to medical care to Kaiser workers in remote locations where medical services were in short supply. d. to provide cost-effective medical care to Kaiser employees. e. to slow the rate of growth in medical spending for Kaiser employees.
A regime change is a change in:
A. monetary policy. B. the entire atmosphere within which the government and the economy interact. C. fiscal policy. D. one aspect of government policy.
To ensure that your salary maintains its real purchasing power from year to year, your nominal salary must be:
A. deflated. B. hyperinflated. C. indexed. D. aggregated.
According to the Texas Transportation Institute, the typical U.S. commuter wastes approximately how much time per year due to traffic congestion?
A. 47 hours B. 22 hours C. 42 hours D. 96 hours