When the Federal Reserve increases the money supply, people ________
A) decrease their purchases of bonds and other financial assets
B) may, in the short run, increase their purchases of goods and services
C) decrease the quantity of money holdings
D) all of the above
E) none of the above
B
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Which of the following would cause the money demand curve to shift to the right?
A. Inflation B. An increase in interest rates C. A decrease in GDP D. A technological advance
The demand for ice cream is very elastic. This fact indicates that the demand for ice cream workers is
a. one b. inelastic c. elastic d. seasonal e. recession-proof
Suppose we were analyzing the Turkish lira per euro foreign exchange market. If the Euro-Area's price level falls relative to Turkey and nothing else changes, then the:
a. The supply of euros in the foreign exchange market falls, and the demand for euros in the foreign exchange market rises, causing an appreciation of the euro. b. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market falls, causing an appreciation of the euro. c. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market rises, causing an uncertain change in the value of the euro. d. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market falls, causing a depreciation of the euro. e. Neither supply nor demand in the foreign exchange market change because relative international prices influence trade flows and not the exchange rate.
Which of the following statements is consistently associated with the standard migration model?
A. The decision to move is expected to increase the household's overall utility. B. Return migration occurs only when the mover regrets having made the initial move. C. Moving for job reasons is always done at the expense of family desires. D. Repeat migration occurs only when the mover is moving for job-related reasons. E. Repeat migration occurs only when the mover regrets having made the initial move.