The "Made in the USA" campaign was popularized by unions in an effort to influence which determinant of demand?
A. Incomes
B. Preferences
C. Expectations of future prices
D. Prices of related goods
B. Preferences
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A decrease in the quantity of reserves held by commercial banks could be the result of
A) a decision by U.S. households to hold less currency. B) the sale of government securities by the Federal Reserve. C) a decrease in the government's budget deficit. D) an increase in the exchange rate.
What is purchasing power parity?
What will be an ideal response?
When there are many buyers and sellers, no significant barriers to entry, and a differentiated product, the market structure is called
a. an oligopoly b. perfect competition c. monopolistic competition d. a monopoly e. unbalanced monopoly
If the revenues and expenditures of the Social Security trust fund were not included when calculating the budget deficit, the recalculated deficit would
a. be larger. b. be smaller. c. be unchanged. d. actually be a surplus.