High interest rates might cause a corporation to ________ building a new plant that would provide more jobs
A) complete
B) consider
C) postpone
D) contemplate
C
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According to the table above, the value of M1 is ________ and the value of M2 is ________
A) $813 billion; $2490 billion B) $805 billion; $2490 billion C) $813 billion; $3303 billion D) $1,488 billion; $3978 billion
This graph demonstrates the domestic demand and supply for a good, as well as a tariff and the world price for that good.
According to the graph shown, if the economy were to open to free trade, it would become:
A. a net-importer. B. an autarky. C. a net-exporter. D. less efficient with less overall market surplus.
The multiple by which the commercial banking system can increase the supply of money on the basis of each dollar of excess reserves is equal to:
A. the reciprocal of the legal reserve ratio. B. the reciprocal of the velocity of money. C. 1 minus the legal reserve ratio. D. marginal propensity to save.
Other things equal, economists would prefer:
A. free trade to tariffs and tariffs to import quotas. B. free trade to import quotas and import quotas to tariffs. C. import quotas to tariffs and tariffs to voluntary export restrictions. D. import quotas to free trade and free trade to tariffs.