The net-export effect of contractionary monetary policy is a(n)
A) depreciation of the value of the dollar and the increase of U.S. net exports.
B) depreciation of the value of the dollar and the decrease of U.S. net exports.
C) appreciation of the value of the dollar and the increase of U.S. net exports.
D) appreciation of the value of the dollar and the decrease of U.S. net exports.
D
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Thinking of a Gap store as a production plant, explain why Gap is making a decision to reduce the size of its stores. Is Gap's decision a long-run decision or a short-run decision?
What will be an ideal response?
When the Treasury bond market becomes less liquid, other things equal, the demand curve for corporate bonds shifts to the ________ and the demand curve for Treasury bonds shifts to the ________
A) right; right B) right; left C) left; right D) left; left
If your income goes up by 2% and, in response, the quantity demanded of good x rises by 3%, good x can be considered
a. An inferior good b. A normal good c. A public good d. A private good
A quantity measured in physical terms is called a ________ quantity.
A. relative B. real C. current D. nominal