What might happen to alligators in the south if the U.S. Fish and Wildlife Service were to reduce or eliminate the tags required to hunt alligators?
A. Over consumption, which could lead to less profit.
B. Under consumption, which could lead to less profit.
C. Under consumption, as hunters switch to a new animal to hunt.
D. Over consumption, which could lead to extinction.
Answer: D
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When the Fed purchases government securities ________ loans end up being made because ________
A) more; excess reserves in the banking system increase B) fewer; excess reserves in the banking system decrease C) more; excess reserves in the banking system decrease D) fewer; required reserves in the banking system increase but desired reserves decrease E) fewer; excess reserves in the banking system increase
Under a fixed exchange rate system, an increase in Japanese demand for U.S. agricultural goods would
a. cause the U.S. balance of trade to worsen b. increase the supply of yen relative to the dollar c. decrease Japanese demand for dollars d. cause the yen to appreciate e. cause an immediate revaluation of the yen
Which of the following would not fall under the description of unconventional monetary policy by the Federal Reserve?
A. Opening lending facilities to noncommercial banks B. Lowering the reserve requirement for banks C. Accepting lower quality assets as collateral for loans D. Directly purchasing short-term bonds from money market mutual funds
The best example of a market capitalist economy is:
A) Russia. B) China before 1979. C) Cuba. D) the United States.