Which of the following is an exogenous variable in the Three-Sector-Model?
a. Real Domestic GDP
b. Open market operations
c. Quantity of real credit per time period
d. Quantity of currency per time period
e. All of the above are exogenous.
.B
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Given the data in the above table, income of $13, a price of $1 for a bottle of water and $2 for a hamburger, what is the quantity of water and the quantity of hamburgers that will maximize the consumer's total utility?
A) 5 bottles of water and 4 hamburgers B) 4 bottles of water and 4 hamburgers C) 1 bottle of water and 6 hamburgers D) 6 bottles of water and 6 hamburgers
Currently, the dominant reserve currency is the
A) U.S. dollar. B) Japanese yen. C) euro. D) British pound.
A dividend is the net income stockholders receive from the corporation
Indicate whether the statement is true or false
Suppose that the Fed decides to decrease the growth rate of the money supply in the United States. What is most likely to happen to the U.S. trade deficit and to GDP?
A. The trade deficit will fall; GDP will fall. B. The trade deficit will rise; GDP will rise. C. The trade deficit will fall; GDP will rise. D. The trade deficit will rise; GDP will fall.