Figure 4-22
Refer to . The price paid by buyers after the tax is imposed is
a.
$1.00.
b.
$3.50.
c.
$5.00.
d.
$6.00.
d
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The money supply changes due to:
a. Rising velocity. b. Rising oil and other natural resource prices. c. Rising GDP. d. Rising money multiplier. e. A depreciating currency.
A measure of the burden of continual deficit financing over time is the ratio of
A. The deficit to the debt. B. The deficit to the GDP. C. Tax revenues to the debt. D. The debt to the GDP.
Demand refers to
A) how much of a good people are willing and able to buy at a particular price. B) the different quantities of a good people are willing and able to buy at different prices. C) the different quantities of a good people are willing and able to buy at a particular price. D) how much of a good people are willing to buy at different prices. E) none of the above
If an exporter wants to limit the effect of possible changes in the exchange rate on the value of her exports, then she can adopt a strategy known as
A) floating. B) speculating. C) hedging. D) appreciating.