Which of the following serve as the language of the market system?
a. Monetary and fiscal policies
b. Volatility
c. Market prices
d. Lawsuits
c
You might also like to view...
The Dodd-Frank Wall Street Reform and Consumer Protection Act gives the Federal Reserve the authority to establish a reserve requirement for all financial institutions
a. True b. False Indicate whether the statement is true or false
The demand for the Franconian franc in the foreign exchange market equals 14,000 - 3,000e and the supply of francs in the foreign exchange market equals 2,000 + 2,000e, where e is the nominal exchange rate expressed in U.S. dollars per franc. If the franc is fixed at 2 U.S. dollars per franc, then to maintain this fixed rate Franconia's international reserves must:
A. decrease by 4,000 dollars per period. B. decrease by 2,000 dollars per period. C. increase by 4,000 dollars per period. D. increase by 2,000 dollars per period.
How are goods manufactured in other countries creating jobs in the United States?
A. People whose jobs were outsourced are now discouraged workers. B. People who have lost jobs have more time to shop and therefore increase demand for goods. C. U.S. firms are specializing in managing the trade of these goods. D. Foreign countries are importing U.S. natural resources.
Specialized growth is typically the result of an increase in the ability of resources to
A. compete with imported goods. B. produce all goods. C. produce certain goods. D. produce exported goods.