The interaction of buyers and sellers determines market ______ and ______ through the forces of supply and demand.
a. regulations; outputs
b. prices; outputs
c. prices; tariffs
d. regulations; tariffs
b. prices; outputs
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The "New Economy", a period marked by major technological change, low inflation, low unemployment, and rapidly growing productivity characterized
A. the 1920s. B. the 1960s. C. the 1990s. D. All of the decades listed.
The government in the country of Zappoo is trying to decide which tax plan to implement. The table above shows three alternative plans. If the government decides to implement a proportional income tax, it will implement tax plan ________
A) A B) B C) C D) None of the above because none of the above are proportional taxes.
Suppose the Fed purchases Treasury securities. Interest rates in the United States will ________ and the U.S. dollar will ________ against foreign currencies
A) decrease; depreciate B) increase; depreciate C) decrease; appreciate D) increase; appreciate
Assume that the expectation of declining housing prices cause households to reduce their demand for new houses and the financing that accompanies it. If the nation has highly mobile international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and the nominal value of the domestic currency in the context of the
Three-Sector-Model? a. The quantity of real loanable funds per time period falls, and nominal value of the domestic currency falls. b. There is not enough information to determine what happens to these two macroeconomic variables. c. The quantity of real loanable funds per time period rises, and nominal value of the domestic currency remains the same. d. The quantity of real loanable funds per time period rises, and nominal value of the domestic currency falls. e. The quantity of real loanable funds per time period falls, and nominal value of the domestic currency rises.