The provision of additional cash to the banking system is an example of ________ policy.
A. structural
B. aggregation
C. monetary
D. fiscal
Answer: C
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Everything else the same, if income in Japan rises while income in the U.S. remains unchanged,
a. the supply of dollars in the foreign exchange market will increase. b. the demand for yen in the foreign exchange market will decrease. c. the supply of yen in the foreign exchange market will decrease. d. the demand for dollars in the foreign exchange market will increase. e. the demand for dollars in the foreign exchange market will decrease.
If only one firm operates in a market, and a potential entrant is blockaded from entering the market, then the incumbent firm must
A) have acted to prevent entry B) be pricing where price equals marginal cost C) be a natural monopoly D) be the Stackelberg leader
What effects will globalization have on labor demand? What will happen to the wages of U.S. workers as more foreign trade occurs?
What will be an ideal response?
If a market system is functioning well, we can conclude that goods with
A. high opportunity costs tend to have high money costs. B. low opportunity costs tend to have high money costs. C. high opportunity costs tend to have low money costs. D. low opportunity costs tend to have zero money costs. E. high opportunity costs tend to have zero money costs.