Bank reserves are increased by
A) Treasury currency outstanding.
B) Treasury cash holdings.
C) Federal Reserve capital.
D) currency in circulation.
A
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Refer to the Article Summary. The pricing method described in the article is referred to as first-degree price discrimination. First-degree price discrimination is also known as
A) perfect price discrimination. B) odd pricing. C) two-part tariff pricing. D) arbitrage.
The Clean Air Act is designed to restrict automobile emissions and reduce the external costs of air pollution. The economic analysis used to develop the Clean Air Act was:
A) normative. B) positive. C) macroeconomic. D) none of the above
"New industries should be protected from older established foreign competitors until they are mature enough to compete on an equal basis." This argument for trade restrictions is called the __________ argument
A) low-foreign-wages B) foreign export-subsidies C) anti-dumping D) infant-industry
A decrease in labor productivity moves the demand curve for labor______.
a. to the right b. to the left c. upward d. downward