When the Fed is pursuing expansionary monetary policy it will tend to reduce the demand for the dollar and increase net exports, other things equal
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is not an example of a consumption good? a. video games
b. a television c. a tractor d. a trip to Hawaii
Economists who study the role of government in the market
A. agree mostly on the role that the government should play. B. study for market problems that the government might help solve. C. find that supply and demand graphs never work for the government. D. none of these answer options are correct.
Over the last three decades, the Chinese government has adopted a series of market-oriented reforms that have shifted control of many parts of the Chinese economy from government officials to private individuals. These reforms have most likely stimulated China's growth for which of the following reasons?
A. They have decreased domestic competition. B. They have increased economies of scale. C. They have provided individuals with a greater incentive to be efficient. D. They have decreased entrepreneurship.
Which of the following industries is an illustration of homogeneous oligopoly?
A. Household laundry products. B. Personal computers. C. Aluminum. D. The auto industry.