Why do Americans want to buy pounds?
a. To buy goods and services from British firms and to buy British assets.
b. To purchase a British soccer shirt in New York.
c. To purchase stock in British companies on the New York Stock Exchange.
d. To purchase Canadian bonds.
e. To buy goods and services only.
A
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Suppose improvements in technology cause the supply of natural gas to increase and at the same time the demand for natural gas increases. What are we sure of?
A) Both equilibrium price and quantity increase. B) Equilibrium price increases. C) Equilibrium price decreases. D) Equilibrium quantity increases. E) Equilibrium quantity decreases.
The quantity of reserves demanded decreases as the federal funds rate rises because
a. people want more liquid assets as the federal funds rate rises. b. the price of bonds rise as the federal funds rate rises. c. the opportunity cost of holding excess reserves increases as the federal funds rate rises. d. people want more money to invest as the federal funds rate rises.
Which one of the following groups benefits from inflation?
a. Landlords b. Borrowers c. Savers d. Lenders
Once a firm is made to internalize a negative externality, the price will
A. increase and output will decrease. B. decrease and output will increase. C. decrease and output will decrease. D. increase and output will increase.