When the U.S. exchange rate rises, the trade deficit will:
A. usually fall.
B. remain unaffected.
C. be balanced by an increase in net exports.
D. usually rise, too.
D. usually rise, too.
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The slope of the LM is not influenced by
A) the gap between money demand and supply. B) the interest rate sensitivity of money supply. C) the interest rate sensitivity of money demand. D) The slope of the LM curve is influenced by all of the above.
A firm's profit is denoted by the Greek letter:
A. rho. B. delta. C. chi. D. pi.
Which of the following will likely occur when price floors in agriculture are implemented?
A) Quantity supplied will exceed quantity demanded.
B) Quantity demanded will exceed quantity supplied.
C) Farmland will be underutilized.
D) Supply will decrease.
Prior to the mid-1980s, almost all loans extended by the International Monetary Fund were repaid on time.
Answer the following statement true (T) or false (F)