Suppose the Fed purchases $100 million of U.S. government securities from the public. How will this affect the money supply and the national debt?
a. The money supply will increase; the national debt will decline.
b. The money supply will decline; the national debt will increase.
c. The money supply will increase; the national debt will be unaffected.
d. The money supply will decrease; the national debt will be unaffected.
C
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Which of the following is NOT a type of demand for holding money?
A) transactions demand B) precautionary demand C) asset demand D) qualitative demand
A monopolist will operate at the quantity where: a. MR = MC and charge a price equal to marginal revenue
b. MR = MC and charge a price equal to average variable cost. c. MR = MC and charge a price corresponding to demand at that level. d. MR = MC and charge a price corresponding to average total cost at that level.
Suppose Japanese-based Toshiba Corporation builds and operates a new computer factory in the United States. Future production from such an investment will
a. increase U.S. GNP more than it increases U.S. GDP. b. increase U.S. GDP more than it increases U.S. GNP. c. have no affect on U.S. GNP, but will increase U.S. GDP. d. have no affect on U.S. GNP or GDP.
The Uniform Commercial Code governs
A. commercial transactions between companies and consumers. B. international commerce transactions. C. what can be broadcast on public airways. D. commercial transactions between the United States and foreign countries.