Unions face a trade-off between higher wages and
A. equipment.
B. more available positions.
C. fewer available positions.
D. none of these.
Answer: C
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The above diagram has a demand for money curve. Suppose the Fed initially sets the quantity of money equal to $0.6 trillion. Draw the supply of money curve in the figure
What is the equilibrium interest rate? Now suppose the Fed increases the quantity of money to $0.9 trillion. Draw the new supply curve. What is the new equilibrium interest rate?
Suppose that the Fed has decided to utilize the Taylor rule to implement monetary policy
If the actual federal funds rate target is presently below the level specified by the Taylor rule and has been lower then this level for several weeks, then this would be a signal that A) monetary policy is very expansionary. B) monetary policy is very contractionary. C) the Fed should halt efforts to target the money supply. D) the Fed should switch to targeting the money supply instead of the federal funds rate.
If an industry's long-run supply curve slopes downward, then the industry is
A) a fixed-cost industry. B) a constant-cost industry. C) an increasing-cost industry. D) a decreasing-cost industry.
If purchases of French assets by foreigners are less than French purchases of foreign assets, then France has a
a. positive net capital outflow and a trade surplus. b. positive net capital outflow and a trade deficit. c. negative net capital outflow and a trade surplus. d. negative net capital outflow and a trade deficit.