At the end of 2013, the Fed was buying about $100 billion of securities per month, a much higher amount than normal. These purchases would ________ the value of the dollar on foreign exchange markets thereby ________ U.S. exports.
Fill in the blank(s) with the appropriate word(s).
lower; increasing
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If the Fed decides that it wants to lower the unemployment rate, it ________ the growth rate of aggregate demand by ________ the growth rate of money and ________ interest rates
A) accelerates; accelerating; lowering B) reduces; accelerates, lowering C) accelerates; reducing; lowering D) accelerates; reducing; raising E) accelerates; accelerating; raising
In a simple circular flow diagram, who supplies factors of production in markets and who buys these factors of production? Who supplies goods and services in markets and who buys these goods and services?
What will be an ideal response?
When the price of tortilla chips rose by 10 percent, the quantity of tortilla chips sold fell 4 percent, and the sale of dips (like salsa and bean dip) fell 8 percent
This set of facts indicates that the cross-price elasticity between tortilla chips and dips is ________, so the two are ________. A) 0.4; substitutes B) -0.4; complements C) -0.8; complements D) 0.8; substitutes
If the firm hires 5 workers, the average cost equals
a. $10 b. $1000 c. $80 d. Need more information