An increase in wealth leads to ________ loanable funds
A) a decrease in the demand for
B) an increase in the supply of
C) a decrease in the supply of
D) an increase in the demand for
E) no change in either the supply of loanable funds or the demand for
C
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An economic recession produces
A) a decrease in cyclical unemployment. B) an increase in structural unemployment. C) a decrease in natural unemployment. D) an increase in cyclical unemployment. E) an increase in natural unemployment.
After investigating an idea to open a rooftop restaurant in the downtown area of your community, you discover that any rooftop restaurant would violate city regulations. These circumstances would not be considered normal due to:
A. innovation. B. market failure. C. intervention. D. goals other than profit.
If the Fed were to purchase euros for dollars and at the same time sell U.S. Treasury securities in the open market, this would be an example of:
A. the Fed not changing their balance sheet at all. B. the Fed altering the domestic monetary base. C. an unsterilized foreign exchange intervention. D. a sterilized foreign exchange intervention.
The exchange rate is $1 = 110 yen. If the price of a Japanese good is 37,500 yen, what is the approximate price of the good in dollars?
A) $29.45 B) $4,125,000 C) $294.49 D) $340.91 E) none of the above