Which of the following would cause an increase in the exchange value of the U.S. dollar?
a. A decrease in the amount of foreign debt purchased by U.S. citizens
b. An increase in U.S. exports
c. Increased demand by foreigners to buy U.S. government securities
d. all of the above
d
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The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
Refer to the scenario above. Suppose Pat can impose a fine of $70 if Joe chooses to keep the money and the cost of imposing such a fine to Pat is $10. Which of the following is likely to happen if Pat is known to be vengeful?
A) Joe will choose to split the money into two parts if Pat gives it to him. B) Joe will choose to keep the entire money for himself if Pat gives it to him. C) Pat will not give the money to Joe. D) An unique equilibrium will not occur.
Why doesn't the government print money in order to solve its debt problems?
Without government, the "for whom" question could not be solved.
a. true b. false