The international regulatory situation for trade is becoming more, rather than less, complex.
a. true
b. false
a. true
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If the Fed wishes to increase the money supply it could
a. decrease the discount rate. b. decrease reserve requirements. c. buy government securities on the open market. d. Do any of the above.
In the classical model, the supply of funds to the loanable funds market comes from
a. household saving and the government's budget surplus, if any b. net taxes c. household saving and the government budget deficit, if any d. planned investment e. total income
Leontief suggested that his results were not a paradox once we account for differences in:
a. resource endowments. b. capital stocks. c. labor forces. d. resource productivities.
If a developing country has sufficient reserves, the buying and selling of foreign currency by the central bank is:
A. likely to have a much smaller impact on the exchange rate than in developed countries. B. completely ineffective on the exchange rate. C. likely to have a much greater impact on the exchange rate than in developed countries. D. likely to have roughly the same impact on the exchange rate as in developed countries.