If the structural stagnation hypothesis is correct, demand-side government policy has been far too expansionary since the mid:
A. 1970s.
B. 1990s.
C. 1980s.
D. 2000s.
Answer: B
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In the foreign exchange market, if the demand for dollars permanently decreases, the Fed can maintain the exchange rate at its old equilibrium level indefinitely by buying dollars
Indicate whether the statement is true or false
The U.S. inflation of the 1960s was spread overseas via the ________ exchange rates of the time and led to the ________ of the Bretton Woods system
A) fixed, collapse B) fixed, establishment C) flexible, collapse D) flexible, establishment
It costs View Your World, a high-end window manufacturer, $50 for each order of windows they place. View Your World sells 2,000 windows a year and each window that is held in inventory costs $500 per year. What is the economic order quantity?
A) 40 B) 50 C) 20 D) 10
When the money market is drawn with the value of money on the vertical axis, if the price level is above the equilibrium level, there is an
a. excess demand for money, so the price level will rise. b. excess demand for money, so the price level will fall. c. excess supply of money, so the price level will rise. d. excess supply of money, so the price level will fall.