An expansionary monetary policy in the United States should
A) cause the dollar to appreciate.
B) decrease the foreign currency price of U.S. exports.
C) decrease net exports.
D) decrease the dollar price of imports.
B
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Figure 9.1 shows three aggregate demand curves. A movement from point b to point a could be caused by a(n)
A) increase in government spending. B) decrease in the money supply. C) increase in taxes. D) increase in the price level.
The best case for intermediate targeting on monetary aggregates is where the
a. LM schedule is flat and the money demand function is stable. b. IS schedule is flat and the level of investment is stable. c. LM schedule is steep and the money demand function is stable. d. IS schedule is steep and the money demand function is stable.
A consumer's preferences provide a ranking of
a. all possible consumption bundles. b. only the consumption bundles that fall on the same indifference curve. c. consumption bundles based their prices. d. consumption bundles based on the consumer's income.
If a city council holds hearings on a proposed law that would require all restaurants to provide segregated tables for nonsmokers, the people most likely to be well represented at the hearings are
What will be an ideal response?