In the mid-1990s, real interest rates fell in the United States. This was the result of budget deficit
a. increases and tighter monetary policy.
b. increases and looser monetary policy.
c. reductions and looser monetary policy.
d. reductions and tighter monetary policy.
c
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The manager of Happy Chickens, an organic egg producer, should avoid all of the following topics except which one when speaking to managers of Best Eggs, a competitor firm?
A) Happy Chickens' intent to bid on a large government contract to supply eggs to public schools B) forthcoming changes in Happy Chickens' pricing policies C) Happy Chickens' planned production amounts D) a recent medical report documenting the health benefits from eggs
Which of the following makes short-term conditional low-interest loans to LDCs?
a. World Bank. b. Agency for International Development (AID). c. Agency for International Finance (AIF). d. International Monetary Fund (IMF).
For a competitive market,
a. a seller can always increase her profit by raising the price of her product. b. if a seller charges more than the going price, buyers will go elsewhere to make their purchases. c. a seller often charges less than the going price to increase sales and profit. d. a single buyer can influence the price of the product but only when purchasing from several sellers in a short period of time.
Long-run equilibrium will occur at the price level at which
A) the aggregate demand and long-run aggregate supply curves intersect.
B) the short-run aggregate supply and long-run aggregate supply curves intersect.
C) the long-run aggregate demand and short-run aggregate supply curves intersect.
D) the aggregate demand and short-run aggregate supply curves intersect.