Higher prices for ________ that are widely used across the entire economy can cause aggregate supply to shift.
a. inputs
b. finished goods
c. outputs
d. products
a. inputs
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An open economy is an economy that has
A) its own stock market. B) governmental regulations regarding the number of hours retail establishments must remain open on a daily basis. C) interactions in trade or finance with other economies. D) governmental regulations regarding public information that is included in corporate finance reports.
Government deficit financing is made easier by a rise in inflation when inflation ________ the private sector's demand for high-powered money, which the government can ________
A) lowers, create and spend B) lowers, obtain through taxation C) raises, create and spend D) raises, obtain through taxation
A surplus will cause pressure on the price to fall.
a. true b. false
About what percentage of marketable national debt is held by foreigners?
A) 5 percent B) 15 percent C) 25 percent D) 50 percent