Since the abandonment of the Bretton Woods system, balance of payments considerations have become ________ important, and exchange rate considerations ________ important in the conduct of monetary policy
A) more; less
B) more; more
C) less; less
D) less; more
D
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Agave, Six Feet Under, Globe, Silk, Sotto Sotto and Zocalo are all restaurants in Atlanta. In this monopolistic market, economic profit would encourage ________, which decreases the ________ for each firm's meals
A) entry; demand B) entry; supply C) exit; demand D) exit; supply
Refer to Figure 4-1. If the market price is $2.00, what is the consumer surplus on the second burrito?
A) $0 B) $1.00 C) $2.00 D) $4.50
When the Fed alters the types of assets it owns, it is engaging in
A) international balance management. B) forward guidance. C) quantitative easing. D) changing the discount rate.
What is the most probable reason why garbage collectors have higher wages than bookkeepers?
a. Employment discrimination b. A high unionization rate for bookkeepers c. A higher educational requirement for garbage collectors than bookkeepers d. The nonmonetary attractiveness of garbage collection causes fewer people to want to be garbage collectors.