For liberals, the United States has a(n)

A. public sector that is too large.
B. private sector that is too small.
C. economy that is too heavily regulated.
D. public sector that is too small.


Answer: D

Economics

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Economics

If the United States has a current account deficit with England of $1 million, and the Bank of England sells $1 million worth of pounds in the foreign exchange market, then England ________ $1 million of international reserves and its monetary base

________ by $1 million. A) gains; rises B) gains; falls C) loses; rises D) loses; falls

Economics

Holding other things constant, an appreciation of the US Dollar relative to the Chinese Yuan causes the demand for the Yuan to _____________ and the supply for Yuan to __________

a. Increase; decrease b. Increase, increase c. Decrease; Increase d. Decrease; Decrease

Economics

The theory of liquidity preference postulates that the demand for real money balances, plotted against the interest rate, is:

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Economics