Which of the following was not a lesson from the 2007–2009 financial crisis?
A. Regulatory failures were the result of weaknesses across the regulatory structure.
B. The financial system operated with too much leverage.
C. The business cycle no longer applies to economic analysis.
D. Monetary policy alone may not be sufficient to stabilize aggregate demand.
Answer: C
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If the United States looks more economically and politically stable relative to the rest of the world, this will
A) decrease the demand for dollars. B) increase the demand for dollars. C) have no effect on the demand for dollars. D) stop all trading between the currencies of the United States and other countries.
What is a situation that makes the market behave inefficiently?
What will be an ideal response?
An embargo is
A. A prohibition on exports or imports. B. A limit to the quantity of a good that may be imported in a given time period. C. A tax imposed on imported goods. D. An orderly marketing agreement.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C