Which of the following is most likely to be a monopoly?
A) Ford, an auto manufacturer
B) Verizon, a wireless service provider
C) The Washington Post newspaper
D) a public water utility
Answer: D
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Early Keynesians concluded that changes in monetary policy had no impact on aggregate output because early empirical studies found no linkage between movements in ________ and ________
A) nominal interest rates; investment spending B) real interest rates; investment spending C) money supply; aggregate output D) investment spending; aggregate output
A(n)_______ is a numeric value assigned to credit habits, bill paying, and history
a. FICO Score b. Annual percentage score c. Financial Score d. FDIC Score
In the short run, a contractionary fiscal policy would cause
a. the AD curve to shift to the right b. equilibrium real GDP to decrease and the price level to increase c. the AS curve to shift left d. the economy to slide along the AD curve e. equilibrium GDP and the price level to fall
A U.S. firm called EcoWind produces windmills for households to generate electricity. It uses 25,000 recently obtained pesos to buy copper from a mining company in Argentina. As a result of this exchange, by how much, if at all, and in which direction did: A. U.S. net exports change? B. U.S. net capital outflow change?