The idea of a Leviathan state was promoted by
a. Hobbes
b. Smith
c. Ricardo
d. Mises
e. Hayek
A
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Comment on the following statement: "A firm's demand for labor can be affected by the availability of other inputs."
What will be an ideal response?
If Treasury deposits at the Fed are predicted to increase, the manager of the trading desk at the New York Fed bank will likely conduct ________ open market operations to ________ reserves
A) defensive; inject B) defensive; drain C) dynamic; inject D) dynamic; drain
Which of the following accounts are included in the calculation of Balance of Payments?
(a) Financial Account, Savings Account, Capital Account. (b) Savings Account, Current Account, Financial Account. (c) Financial Account, Current Account, Capital Account. (d) Capital Account, Current Account, Savings Account.
Suppose the central bank decreases the growth rate of the money supply. In the short run, this policy change will affect
a. both the unemployment rate and the inflation rate. b. the unemployment rate but not the inflation rate. c. the inflation rate but not the unemployment rate. d. neither the inflation rate nor the unemployment rate.