Assume that the central bank purchases government securities in the open market. If the nation has highly mobile international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and the nominal value of the domestic currency in the context of the Three-Sector-Model?
a. There is not enough information to determine what happens to these two macroeconomic variables.
b. The GDP Price Index rises, and nominal value of the domestic currency rises.
c. The GDP Price Index falls, and nominal value of the domestic currency rises.
d. The GDP Price Index rises, and nominal value of the domestic currency remains the same.
e. The GDP Price Index rises, and nominal value of the domestic currency falls.
.E
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A) total cost. B) sales revenue. C) capital. D) variable cost.
There is clear evidence that the Civil War (1861–1865) aided industrialization in the U.S
Indicate whether the statement is true or false
If the payoff to the United States to pursuing nuclear weapons is 100 if the USSR does not pursue nuclear weapons and 50 if they do, and the payoff to the USSR to pursuing nuclear weapons is 80 if the USA doesn't pursue nuclear weapons and 30 if they
do, what is the non-cooperative equilibrium? A) The USA pursues nuclear weapons, the USSR does not. B) The USA pursues nuclear weapons, the USSR pursues nuclear weapons. C) The USA does not pursue nuclear weapons, the USSR does not pursue nuclear weapons. D) The USA does not pursue nuclear weapons, the USSR does pursue nuclear weapons.
The total revenue is the
a. (change in price) × (change in output) b. (price) × (change in output) c. (change in price) × (output) d. (price) × (output) e. (change in marginal revenue) × (price)