When the price level ________, the demand curve for money shifts to the ________ and the interest rate ________, everything else held constant
A) falls; right; rises
B) rises; right; falls
C) falls; left; rises
D) rises; right; rises
D
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Suppose firms in a perfectly competitive market are incurring an economic loss. Over time
A) other firms enter the market, so the price rises and the economic loss decreases. B) some firms leave the market, so the price rises and the economic loss decreases. C) other firms enter the market, so the price falls and the economic loss decreases. D) some firms leave the market, so the price falls and the economic loss decreases.
Which of the following statements is true? a. Money market mutual funds were originally introduced by the Federal Reserve Bank of New York
b. Money market mutual funds initially constituted serious competition to banks and thrifts for the deposits of savers. c. Money market mutual funds were not originally offered by commercial banks and still are not offered by them. d. Money market mutual funds represent a pooling of cash assets from many countries, like dollars, francs, and pesos. e. Money market mutual funds are not able to offer their customers check-writing privileges.
Countries that have adopted liberal reforms and substantially increased their economic freedom rating in recent years
a. experienced falling income levels per capita during 1995-2009. b. grew slowly during 1995-2009. c. achieved impressive growth rates of real GDP per person during 1995-2009. d. have grown less rapidly than high income industrial economies.
The Balance of Payments