Which of the following will definitely occur when there is a simultaneous increase in demand and an increase in supply?
A. an increase in equilibrium price
B. an increase in equilibrium quantity
C. a decrease in equilibrium price
D. a decrease in equilibrium quantity
Answer: B
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Credit entries on the Balance of Payments are the entries that would
A) mean a loss of foreign exchange. B) bring foreign exchange into the country. C) indicate a surplus exists. D) exist at the bottom line after all accounts are totaled.
If the interest rate on a bond is below the equilibrium interest rate, there is an excess ________ of bonds and the bond price will ________
A) demand; rise B) demand; fall C) supply; rise D) supply; fall
Financial intermediaries develop ________ in things such as computer technology which allows them to lower transactions costs
A) expertise B) diversification C) regulations D) equity
Non-activists believe that the principal source of AD instability is
A) private investment spending. B) private consumption spending. C) erratic government policy. D) All of the above.