An autonomous rise in ________ shifts the LM curve to the ________, everything else held constant
A) net exports; right
B) net exports; left
C) money demand; right
D) money demand; left
D
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________ are short-term loans in which Treasury bills serve as collateral
A) Repurchase agreements B) Negotiable certificates of deposit C) Federal funds D) U.S. government agency securities
Suppose when the price of calculators is $18, the quantity demanded is 90, and when the price is $22, the quantity demanded drops to 70. Using the mid-point method, the price elasticity of demand is:
A. 1.25 B. 25 percent C. 20 percent D. 25
A packaged fruit juice manufacturer contracts with several farmers to buy their orchards to support a new production facility. However, a particular orchard owner later refuses to sell his farm at the price in their contract. In such a case the court will order a liquidated damage
Indicate whether the statement is true or false
The concentration ratios for various industries in the United States are comparable to those in other modern industrial economies
Indicate whether the statement is true or false