If people begin to hold more cash, the money multiplier process will
a. increase in intensity.
b. remain the same.
c. decrease in actual size.
d. cause larger amounts of excess reserves.
c
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If a country is a net importer of a good, domestic suppliers will supply ________ of that good after it opens itself to international trade.
A. none B. less C. more D. the same amount
When candidates are chosen in a primary election, they may have to position themselves to win the primary election, leaving them left or right of center in the general election
Indicate whether the statement is true or false
Suppose there is a firm that has no fixed costs. At the point where marginal cost equals average variable cost,
a. fixed cost is rising b. marginal cost is rising c. average total cost is rising d. average variable cost is falling e. there is no total cost
The major factor affecting a nation's balance of payments is
A) an increase in its rate of unemployment. B) its rate of inflation relative to the rate of inflation of its trading partners. C) a change in the productivity of its labor. D) its stock market movements.