The U.S. government can play an important role in establishing the credibility of anti-inflation policy by
A) demonstrating fiscal responsibility.
B) monitoring the Fed.
C) conducting fiscal policy.
D) all of the above.
A
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If a political scientist believes Brazil is on the brink of civil unrest, which will significantly reduce next year's coffee supply, he should ________ coffee futures
Other things constant, he is more likely to profit from his decision when ________ people are aware of the possibility of the civil unrest. A) sell; fewer B) buy; fewer C) sell; more D) buy; more
When the economy experiences inflation, people demand a:
A. higher quantity of money, shifting the money demand curve leftward. B. lower quantity of money, shifting the money demand curve rightward. C. higher quantity of money, shifting the money demand curve rightward. D. lower quantity of money, shifting the money demand curve leftward.
The unionization rate in the United States has been
A. Declining for over 40 years. B. Increasing for the last 5 years. C. Declining for approximately 15 years. D. Declining for approximately 30 years.
At any particular quantity on the TC, its slope will be
A. the same as the slope of the TVC. B. greater than the slope of the ray out of the origin to that point on the TC. C. smaller than the slope at the quantity on the TVC. D. greater than the slope at the quantity on the TVC.