According to the text, The American Recovery and Reinvestment Act of 2009:
A. remains hotly debated whether it was successful or not.
B. is known as the most effective legislation ever passed in U.S. history.
C. was unsuccessful.
D. was successful.
Answer: A
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Borrowing from foreign banks by U.S. firms represents a capital inflow
a. True b. False Indicate whether the statement is true or false
The short-run market demand schedule in perfect competition is positively sloped
a. True b. False Indicate whether the statement is true or false
If the dollar used to buy 120 yen and now buys 100 yen, there has been
A. depreciation of the yen. B. appreciation of the dollar. C. a decrease in the demand for yen. D. depreciation of the dollar.
All else equal, if individuals save less because inflation lowers returns on savings, this should ________ the supply of loanable funds and ________ the capital stock
A) increase; raise B) increase; reduce C) decrease; raise D) decrease; reduce