People can write checks against
a. demand deposits and money market mutual funds
b. demand deposits but not money market mutual funds
c. money market mutual funds but not demand deposits
d. neither demand deposits nor money market mutual funds
a
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A recession in the United States will tend to cause recessions in other countries because as U.S. GDP falls, U.S
a. tariffs will automatically rise. b. exports will rise. c. imports will fall. d. exports will fall.
A price floor above the market clearing price typically results in I. an excess quantity supplied II. a shortage III. an excess quantity demand
A) I only B) II only C) III only D) II and III only
Refer to the table above. Is the United States a debtor or a creditor nation in 2019?
A) a debtor nation B) neither a creditor nor debtor nation C) a creditor nation D) both a creditor nation and a debtor nation E) More information is needed to determine if the United States is a debtor or creditor nation.
Where monopsony exists, ____ workers will be hired at ____ wages than if perfect competition prevailed in a labor market
a. fewer; lower b. fewer; higher c. more; lower d. more: higher