If the Fed ______________________, the money supply will ultimately __________
A) raises the required reserve ratio from 8 percent to 10 percent; decrease
B) lowers the required reserve ratio from 10 percent to 8 percent; increase
C) lowers the required reserve ratio from 10 percent to 8 percent; decrease
D) raises the required reserve ratio from 8 percent to 10 percent; increase
E) a and b
E
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If you study 3 hours for an exam, you can raise your score by 30 points. If you study for another 3 hours your score increases by 10 points. And if you study for another 3 hours, your score will increase by 5 more points
A graph displaying this relationship between the number of hours studied and your total exam score would show A) a positive linear relationship B) an upward-sloping curve that becomes less stee
Ceteris paribus, a rise in interest rates in the United States will cause the yen price of the dollar in international exchange markets to ________. I.e., the dollar ________ in value against the yen
A) increase; depreciates B) decrease; depreciates C) decrease; appreciates D) increase; appreciates
The potential for redistribution cannot be exaggerated
Indicate whether the statement is true or false
The Economic Development Minister of a country has a list of things she thinks may explain her country's low growth of real GDP per person relative to other countries. She asks you to pick the one you think most likely explains her country's low growth. Which of the following contributes to low growth?
a. poorly enforced property rights b. outward-oriented trade policies c. policies that permit foreign investment d. All of the above are correct.