Spending VCU4 on real-world goods and services causes the nation's:
a. Demand for real goods and services to rise and monetary base to remain the same.
b. Demand for real goods and services to remain the same and M2 money supply to remain the same.
c. Demand for real goods and services to rise and M2 money multiplier to rise.
d. Demand for real goods and services to remain the same and M2 money supply to rise.
.A
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Demand for U.S. dollars by speculators is likely to increase if the dollar is expected to depreciate in the near future
a. True b. False Indicate whether the statement is true or false
Microeconomics primarily models: a. the overall economy
b. the behavior of firms but not households. c. the behavior of households but not firms. d. the behavior of both firms and households and how they interact in the marketplace.
When Monique drives to work every morning, she drives on a congested highway. What Monique does not realize is that when she enters the highway each morning she increases the travel time of all other drivers on the highway. In this case, the external cost of Monique's highway trip
a. increases the social cost above the private cost. b. lowers the social cost below the private cost. c. increases the social value above the private benefit. d. decreases the social value below the private benefit.
Refer to Exhibit 6-3. What is the random variable in this experiment?
a. the weight of football players b. 200 pounds c. 25 pounds d. the normal distribution