Monetary policies in modern economies mainly target the money:
a. held by people as cash
b. in the banking system.
c. held by the government.
d. that flows into the economy because of international trade.
b
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"Under the social interest theory of regulation, regulators attempt to maximize profits for the owners of the firms being regulated." Is the previous statement correct or incorrect? Explain your answer
What will be an ideal response?
Shouldn't better informed investors be able to profit from the deviations from pricing efficiency caused by noise traders?
What will be an ideal response?
Which of the following is the correct name of the free-trade agreement between Mexico, the U.S., and Canada?
a. The American Free Trade Agreement (AFTA). b. The North American Free Trade Agreement (NAFTA). c. The Pacific Free Trade Agreement (PFTA). d. The Trans-American Free Trade Agreement (TAFA).
Frictional unemployment
a. can be created both by workers quitting to find more suitable jobs and changes in a country's comparative advantages. b. can be created by workers quitting to find more suitable jobs but not by changes in a country's comparative advantages. c. can be created by changes in a country's comparative advantages, but not by workers quitting to find new jobs. d. is not created by workers quitting to find more suitable jobs nor by changes in a county's comparative advantages.