In periods of restrictive monetary policy, which of the following industries are likely to feel a disproportionately large impact of the policy?
A. The auto industry.
B. Soft drink companies such as Coke and Pepsi.
C. Cell phone service providers.
D. Fast-food restaurants.
Answer: A
You might also like to view...
If the Fed increases the discount rate, commercial banks pay a ________ interest rate if they borrow money from the Fed and will therefore ________
A) higher; borrow more money from the Fed and make more loans to consumers B) higher; deposit more money into their reserves at the Fed C) lower; borrow more money from the Fed and make more loans to consumers D) lower; borrow less money from the Fed and make fewer loans to consumers E) higher; borrow less money from the Fed and make fewer loans to consumers
Entry by competitive firms decreases the market price, while exit by competitive firms increases the market price. Explain why firms enter or exit an industry and why these price changes occur
What will be an ideal response?
Personal income taxes and corporate income taxes are examples of ____ taxes
a. variable b. sales c. fixed d. disposable
The quantity supplied of a good or service is the amount that sellers are willing and able to sell at a particular price
a. True b. False Indicate whether the statement is true or false