Which of the following would shift the supply of Green Bay Packers football jerseys to the left?
a. The Green Bay Packers make it to the Super Bowl.
b. The price of the jerseys increases by $15.
c. The technology of sewing machines use to make the jerseys improves.
d. The cost of the fabric used to make the jerseys increases.
d
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Which of the following would be least likely to lead the Justice Department and the FTC to block a proposed horizontal merger?
A) A finding that the resulting firm might be able to unilaterally affect price and output. B) A finding that the potential for entry into the market by new firms would be adversely affected. C) A finding that the potential for coordination among sellers in the market would be enhanced. D) A finding that resulting cost savings and efficiencies would offset any increase in market power.
Inflation targeting is one policy that attempts to deal with the problem of:
a. dollarization. b. time inconsistency. c. the tradeoff between inflation and unemployment. d. the liquidity trap. e. none of the above.
The rate of interest paid on a bond is called the
A) coupon rate. B) weighted average cost of capital. C) discount rate. D) all of these choices.
Why will it difficult for the Fed to use monetary policy to direct the economy back to full employment and price stability from the recession of 2008-2009?
What will be an ideal response?