Which of the following is true with regard to the supply of money?
A) an open market sale of government securities will increase liquidity
B) an open market purchase of government securities will decrease liquidity
C) liquidity and the money supply are directly related
D) all of the above
E) none of the above
C
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In the above figure, the economy is initially at point B. If the exchange rate falls, there is
A) a movement to point C. B) a movement to point A. C) a shift to AD2. D) a shift to AD1.
Net migration can help fuel population growth which, in turn, provides a positive incentive for businesses to expand production and employment
Indicate whether the statement is true or false
At a carnival roulette wheel, a player can either win $10, $30, or $80 . At what cost of play should the player expect the wheel to be fair?
a. $10 b. $20 c. $30 d. $40
Economists study perfect competition
a. because many markets are perfectly competitive. b. for its descriptive realism. c. to establish a benchmark by which to measure the performance of the economy. d. All of the above are correct.