B. all depository institutions, that is, all commercial banks and thrift institutions
A. corporate bonds.
B. Treasury bills, Treasury notes, and Treasury bonds.
C. common stock.
D. certificates of deposit.
B. Treasury bills, Treasury notes, and Treasury bonds.
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If the price of music downloads was to decrease, then
A) the supply of MP3 players would increase. B) the demand for MP3 players would decrease. C) the demand for MP3 players would increase. D) the quantity of MP3 players demanded would decrease.
If an import-competing firm is the only domestic producer of a good, then a transition from autarky to free trade will ________ domestic price, ________ producer surplus, ________ consumer surplus, and ________ overall domestic national welfare
A) decrease; decrease; increase; increase B) increase; increase; increase; increase C) decrease; decrease; decrease; decrease D) increase; increase; decrease; decrease E) increase; increase; decrease; increase
Keynesian economists argue that the automatic adjustment of wages and prices in the macro economy is quite rapid
a. True b. False Indicate whether the statement is true or false
When a market is not in equilibrium:
A. a change in either supply or demand is required to reestablish equilibrium. B. the economic motives of sellers and buyers will move the market to its equilibrium. C. government intervention is required to achieve equilibrium. D. there is neither excess supply nor excess demand.