If there is an improvement in technology that affects only Aggregate Supply and a nation's wealth falls due to sagging stock market, then:
a. Aggregate demand rises, and aggregate supply falls.
b. Aggregate demand and aggregate supply rise.
c. Aggregate demand and aggregate supply fall.
d. Neither aggregate demand nor aggregate supply change.
e. Aggregate demand falls, and aggregate supply rises.
.E
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If a bank has more rate-sensitive assets than rate-sensitive liabilities
A) it reduces interest rate risk by swapping rate-sensitive income for fixed rate income. B) it reduces interest rate risk by swapping fixed rate income for rate-sensitive income. C) it increases interest rate risk by swapping rate-sensitive income for fixed rate income. D) it neutralizes interest rate risk by receiving and paying fixed-rate streams.
The federal agency that monitors and regulates the stock market is the
A. Chicago Mercantile Exchange. B. Securities and Exchange Commission. C. Department of Justice. D. Federal Trade Commission.
Suppose the price level in Germany rises, ceteris paribus. This ________________ United States net exports, ultimately shifting the United States AD curve ____________________
A) stimulates; rightward B) stimulates; leftward C) depresses; rightward D) depresses; leftward.
The need for exchange controls may arise from
(a) overvalued exchange rates. (b) export promotion policies. (c) a current account surplus. (d) all of the above.