According to the interest-rate-based monetary policy transmission mechanism
A. an increase in money supply will decrease interest rates.
B. a decrease in money supply will not change interest rates.
C. a decrease in money supply will decrease interest rates.
D. an increase in money supply will increase interest rates.
Answer: A
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Max has allocated $100 toward meats for his barbecue. His budget line and an indifference map are shown in the above figure. Which of the following bundles are in Max's opportunity set?
A) a, b, c B) b, d, e C) a, b, d D) None of the above
Which of the following is true about the indifference curve where one commodity (such as pollution) is "bad"?
A) It has a negative slope. B) It has a positive slope. C) It is horizontal. D) It is vertical.
_______________ is the practice of hiring people in other countries to do a job that was once done domestically
A) Offshoring B) Onshoring C) Insourcing D) Megasourcing
Which statement is true?
A. In 1900 most Americans lived on farms. B. The United States' industrial base was largely destroyed by World War I. C. John D. Rockefeller controlled the U.S. automobile industry during the first two decades of the 20th century. D. Andrew Carnegie was the leading steel producer in the U.S. in 1900.