The U.S. had the largest trade deficit in 2009 with which of the following countries?
a. Canada
b. Japan
c. Mexico
d. China
d
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When GM advertises its cars, the company is trying to cause a
A. rightward shift in the supply. B. rightward shift in the demand. C. leftward shift in the supply. D. leftward shift in the demand.
Holding all other influences constant, the quantity of labor supplied in a given time period depends
A) directly on the real wage rate so that a higher real wage increases the quantity of labor supplied. B) inversely on the real wage rate so that a higher real wage decreases the quantity of labor supplied. C) on the money wage rate not the real wage rate. D) directly on the quantity of labor demanded. E) inversely on the quantity of labor demanded.
Suppose you own some German government bonds that pay you interest every year. This interest is entered into which of the balance of payments accounts?
A) trade account B) interest account C) current account D) capital and financial account E) official settlements account
Which of the following would lead to a rightward shift of the money demand curve?
a. A decrease in the price level b. A decrease in output c. An open market sale of bonds by the Fed d. An increase in the price level e. An open market purchase of bonds by the Fed