In the Shleifer-Vishny model, producers want:
a. the highest possible prices from regulators
b. no regulation
c. low regulated prices
d. planned socialism
e. none of the above
D
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An individual's annual salary is her
A) money. B) income. C) wealth. D) liabilities.
The three basic categories of resources are land, labor, and:
a. money. b. time. c. energy. d. capital.
The Federal Reserve Open Market Committee includes the seven members of the Board of Governors, presidents of five of the twelve district banks, and the Secretary of the Treasury
a. True b. False Indicate whether the statement is true or false
If the U.S. dollar appreciates in the foreign exchange market, U.S. exports will be __________ and U.S. imports will be __________
A) relatively less expensive; relatively less expensive B) relatively less expensive; relatively more expensive C) relatively more expensive; relatively less expensive D) relatively more expensive; relatively more expensive E) unaffected; relatively less expensive