Which of the following is an example of excessive influencing activities?
A. Estimating the elasticity of demand for your firm's product
B. Cancelling a meeting with a client to play golf with your superiors
C. Taking clients out for dinner
D. Informing the manufacturing division of defects in a shipment
Answer: B
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Which of the following is not a policy proposal of the neoclassical counter-revolution school?
a. promoting free trade b. privatizing state-owned enterprises c. welcoming multinational corporations d. promoting trade unions
If the reserve ratio is 15 percent, the money multiplier is
a. 7.7. b. 6.7. c. 5.7. d. 15.
If the deficit is falling, the national debt will be ________.
Fill in the blank(s) with the appropriate word(s).
When the Fed sells a U.S. bond in the open market
A. total reserves will decrease. B. total reserves do not change but the money supply increases. C. total reserves will increase. D. total reserves do not change but the money supply decreases.