The dollar volume of state-bank notes received by the First Bank of the United States was __________________ the dollar volume of its bank notes received by the state banks
a. greater than
b. less than
c. equal to
a. greater than
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Which of the following is likely to shift the market demand curve for school textbooks to the right?
A) A fall in the price of school textbooks B) An increase in school tuition fees C) A fall in the total income of all consumers D) An increase in the enrollment rates in high schools
Rare earth metals are used to manufacture some important electronic components in popular products like cell phones. These metals are not really rare, but they are expensive to extract from the ground
What happens to the market for the rare earth metals if these extraction costs increase? A) Demand curve shifts leftward B) Demand curve shifts rightward C) Supply curve shifts leftward D) Supply curve shifts rightward
Under the Bretton Woods agreements,
A. the IMF was created to punish countries that did not maintain fixed exchange rates. B. a system of fixed exchange rates based on gold was established. C. each country agreed to buy and sell its currency to maintain a fixed exchange rate. D. All of the above are correct.
The most important purpose of a market is to
A. bring buyers and sellers together so they can argue. B. bring buyers and sellers together so they can barter. C. increase the sellers' wealth. D. bring buyers and sellers together so they can trade.