With no Ricardo-Barro effect, a government budget surplus
A) decreases the demand for loanable funds and increases the real interest rate.
B) increases the demand for loanable funds and lowers the real interest rate.
C) increases the supply of loanable funds and lowers the real interest rate.
D) increases the demand for loanable funds and raises the real interest rate.
E) decreases the supply of loanable funds and lowers the real interest rate.
C
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Consider the labor market below. 
If a minimum wage of $12 per hour is imposed in this labor market, then:
A. 400 workers will earn $12 an hour. B. total earnings will rise C. worker surplus will fall. D. 200 workers will lose their jobs.
Which approach to measuring money focuses on the value of currency, transaction deposits, and travelers checks?
A) near moneys B) the liquidity approach C) M2 D) the transactions approach
Greater specialization within a country
A) increases risks to the country. B) is rarely beneficial. C) creates winners and losers and raises issues about fairness. D) evenly distributes benefits in the long run.
The United Auto Workers is striking against Ford. The Teamsters refuse to deliver steel to Ford. This is an example of
A) a jurisdictional dispute and is illegal under the Taft-Hartley Act. B) a secondary boycott and is illegal under the Taft-Hartley Act. C) a sympathy strike and is illegal under the Taft-Hartley Act. D) a closed shop and is illegal under the Wagner Act.