The principal danger to Japan in 2001 when the yen was appreciating was that this would
A. increase aggregate demand and make inflation worse.
B. decrease aggregate demand and make the recession worse.
C. decrease aggregate demand and make inflation worse.
D. increase aggregate demand and make the recession worse.
Answer: B
You might also like to view...
Competing-interest legislation is characterized by
a. concentrated costs and concentrated benefits b. concentrated benefits and widespread costs c. widespread benefits and widespread costs d. widespread benefits and concentrated costs e. zero costs
Everything else remaining unchanged, when the price of a normal good increases, consumers probably
A. do not purchase any amount of the good. B. purchase more of the good. C. purchase the same amount of the good. D. purchase less of the good.
A temporary decrease in the price of oil would be considered a:
A. long-run supply shock. B. demand shock. C. short-run supply shock. D. The changing price of oil would not affect any of these.
Which one of the following is most likely to increase the Herfindahl index of a particular industry?
A. A conglomerate merger. B. A vertical merger. C. A price-fixing arrangement among all the industry firms. D. A horizontal merger.