Price supports can help farmers to better compete internationally
Indicate whether the statement is true or false
F
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If real GDP exceeds potential GDP, to move the economy to potential GDP the Fed
A) raises the federal funds rate to increase potential GDP but not real GDP. B) lowers the federal funds rate to decrease real GDP but not potential GDP. C) raises the federal funds rate to decrease real GDP but not potential GDP. D) lowers the federal funds rate to increase potential GDP but not real GDP. E) raises the federal funds rate to decrease both real GDP and potential GDP.
A decrease in the real money supply can result from:
A) increase in the nominal money supply or an increase in the price level. B) increase in the nominal money supply or a decrease in the price level. C) decrease in the nominal money supply or an increase in the price level. D) decrease in the nominal money supply or a decrease in the price level.
Individual investors wishing to buy shares of stock in a company will typically purchase them from
A. venture capital firms. B. the company. C. an initial public offering. D. stockbrokers.
The use of the supply-and-demand model to analyze labor markets implicitly assumes that there is ________ governing the labor market.
A. monopoly B. bi-lateral monopoly C. monopsony D. perfect competition