Holding all else equal, if the U.S. government imposes tariffs on imported products, then the equilibrium value of the U.S. dollar will:
A. be determined by the Federal Reserve.
B. appreciate.
C. depreciate.
D. remain fixed.
Answer: B
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The average fiscal burden on state and local government for each low-skilled immigrant household may be as high as:
A. $5,500 per household per year B. $9,200 per household per year C. $19,500 per household per year D. $31,600 per household per year
Sherry wants to rent an apartment. Although rents are below what she is willing to pay, she cannot find an apartment. Then after a month of searching, she finds an apartment but she has to pay an additional $1,000 to have the locks changed
Sherry has just experienced the effects of ________. A) a rent floor with a black market B) inelastic demand C) a market working efficiently D) a rent ceiling
During which of the following time periods did inflation remain above 5 percent every year?
A) 1990 through 1999 B) 1973 through 1982 C) 1968 through 1971 D) 1958 through 1962
A flow variable is an amount measured at a particular point in time
Indicate whether the statement is true or false