Inside lags are:
A. longer for monetary policy than for fiscal policy.
B. longer for fiscal policy than for monetary policy.
C. the same for fiscal policy and monetary policy.
D. more variable for monetary policy than for fiscal policy.
Answer: B
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U.S. sugar trade agreements have fallen through. What will the likely effect be?
A. The demand for goods that use sugar will decrease. B. The demand for goods that use sugar will increase. C. The supply of goods that use sugar will increase. D. The supply of goods that use sugar will decrease.
In a partnership, legal responsibility for all debts is
A) shared by the partners. B) passed to the shareholders. C) paid by the principle owner. D) handled by the bondholders.
In which statement(s) is "demand" used correctly? (I) "An increase in the price of hamburgers will reduce the demand for hamburgers." (II) "An increase in the price of hamburgers will reduce the demand for hamburger buns."
a. in both statements I and II b. in statement I only c. in statement II only d. in neither statements I nor II
Which of the following demonstrates why international trade is helpful to businesses?
a. Hakan went car shopping and test drove models from several international automakers. b. The app that Martin designed could be modified and sold in any market around the world. c. Deb’s Designs had to compete in the clothing market against less-expensive import brands. d. At the local big box store, Lin found deep discount prices on many essential household items.