The real balance effect helps to explain "a change in
A) aggregate demand."
B) the quantity demanded of Real GDP."
C) aggregate supply."
D) the quantity supplied of Real GDP."
B
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Which of the following statements is false?
A. Under an emission tax, a tax is set and then the quantity of permissible pollution is determined. B. Under both emission taxes and tradable pollution permits polluters must pay to pollute. C. One possible approach to dealing with the problem of environmental negative externalities is a policy of tradable pollution permits, also known as cap and trade. D. Under a tradable pollution permits system, a price of pollution is set and then the quantity of permissible pollution is determined based upon that price.
Which of the following are complementary resources?
a. margarine and butter used in baking b. sugar and honey used in cereals c. a teacher and a chalkboard d. rye and wheat bread used in a sandwich shop e. a typewriter and a personal computer used in an office
If the dollar price of a foreign currency increases, there will be a(n)
a. rightward movement along the supply of foreign exchange curve b. leftward movement along the supply of foreign exchange curve c. leftward shift of the supply of foreign exchange curve d. rightward shift of the supply of foreign exchange curve e. tendency for the supply of foreign exchange curve to become flatter
What are the prerequisites for money creation?