Everything else held constant, if a central bank makes an unsterilized ________ of foreign assets, then the domestic money supply will ________ and the domestic currency will appreciate
A) purchase; increase
B) purchase; decrease
C) sale; increase
D) sale; decrease
D
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Property and casualty insurance companies are supervised and regulated by the
A) Federal Home Loan Bank Board. B) Securities and Exchange Commission. C) states in which they operate. D) Federal Reserve.
Government spending has no effect on resource allocation since the government simply engineers a transfer of private goods and services from one group in the economy to some other group
Indicate whether the statement is true or false
Imposing a quota on the import of a good is preferable to a tariff because a tariff creates a deadweight loss while a quota does not
a. True b. False Indicate whether the statement is true or false
Briefly describe the practice of predatory pricing