Suppose the Fed conducts an open market sale. We can expect this transaction to
A) reduce the money supply, increase bond prices, and lower interest rates.
B) increase the money supply, lower bond prices, and lower interest rates.
C) increase the money supply, raise bond prices, and lower interest rates.
D) reduce the money supply, reduce bond prices, and increase interest rates.
Ans: D) reduce the money supply, reduce bond prices, and increase interest rates.
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Which one of the following countries refused to accept the IMF conditions during the East Asian financial crisis?
A) South Korea B) Indonesia C) Malaysia D) Thailand E) Singapore
In a small country, the adult population equals 5,000. There are 4,000 people in the labor force and 3,000 people are employed. The labor force participation rate equals
A) 25 percent. B) 80 percent. C) 30 percent. D) an undetermined amount given the lack of information.
Japan, Singapore, and Taiwan have all:
A. had success with import substitution policy. B. imitated South Korea's export-led growth policy and failed. C. imitated South Korea's import substitution policy and failed. D. had success with export-led growth policy.
Limit pricing is also referred to as
A) competitive pricing B) fair pricing C) predatory pricing D) all of these choices.