An expansionary monetary policy in the United States should
A) decrease the foreign currency price of U.S. exports.
B) cause the dollar to appreciate.
C) decrease the dollar price of imports.
D) decrease net exports.
Answer: A
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Use the following graph to answer the next question.
If current output is Q1 and full-employment output is Q3, then in the long run the short aggregate supply schedule is ________.
A. AS1 B. AD C. AS3 D. AS2
If the United Mine Workers successfully negotiates a wage that is higher than the competitive wage,
a. an excess demand for labor is created b. a surplus of labor is created c. the demand for labor increases d. the supply of labor decreases e. the quantity of labor demanded increases
Privet property rights
What will be an ideal response?
Which component of GDP captures goods that are produced but not sold in a given year?
A. Personal consumption B. Net exports C. Nonresidential investment D. Changes in private inventories