If the Fed wanted to use all of its policy variables to increase the supply of money, which of following would it not do?
a. Increase its open market purchases of government securities.
b. Increase the required reserve ratio
c. Increase the interest rate it pays banks on bank reserves.
d. It would not do b. or c.
b
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"If the price falls and, as a result, the total revenue decreases, demand is elastic." Is the previous assertion correct?
What will be an ideal response?
The price charged by a monopolist is the point on the demand curve that corresponds to the output where marginal revenue equals marginal cost
a. True b. False Indicate whether the statement is true or false
Suppose we were analyzing the Turkish lira per euro foreign exchange market. If The Euro-Area's risk level falls relative to Turkey and nothing else changes, then the:
a. The supply of euros in the foreign exchange market falls, and the demand for euros in the foreign exchange market falls, causing an uncertain change in the value of the euro. b. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market falls, causing an appreciation of the euro. c. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market rises, causing an uncertain change in the value of the euro. d. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market falls, causing a depreciation of the euro. e. The supply of euros in the foreign exchange market falls, and the demand for euros in the foreign exchange market rises, causing an appreciation of the euro.
In 2011, about ____ percent of employed wage and salary workers belonged to unions
A. 8.4 B. 5.5 C. 14.8 D. 11.8