If the Federal Reserve was to buy U.S. dollars on the foreign exchange market, a likely result will be:
a. a rightward shift in the dollar supply curve
b. at least a temporary decline in the exchange value of the U.S. dollar.
c. at least a temporary increase in the exchange value of the U.S. dollar.
d. both (a) and (b)
c
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How much is a bond that pays $40 in coupon payments for 2 years and $1,000 at the end of the fourth year worth if the interest rate is 4%?
A) $844.56 B) $924.56 C) $1,000 D) $1,123.2
The formula for the multiplier is (1 - MPC)
Indicate whether the statement is true or false
In 1938, President Franklin D. Roosevelt signed the Fair Labor Standards Act which established a __________workweek
a. 35 hour b. 38 hour c. 44 hour d. 48 hour
Real GDP is the value of all __________ goods and services produced in a given year in __________ prices
A) intermediate; that year's B) intermediate; base-year C) final; that year's D) final; base-year