Donald Trump’s first years in office could be illustrated by an
A. increase in aggregate demand.
B. increase in aggregate supply.
C. decrease in aggregate demand.
D. decrease in aggregate supply.
Answer: A
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Monetary policy decisions, such as the target growth rate in the money supply or the target level for interest rates, are set by the
a. president and congress. b. Federal Reserve Board of Governors. c. Shadow Open Market Committee. d. presidents of the Federal Reserve banks. e. Federal Open Market Committee (FOMC).
Each month, how many households does the U.S. Bureau of the Census survey in the Current Population Survey (CPS) in order to determine the unemployment rates?
a. About 140,000 households b. About 60,000 households c. About 140,000 businesses and government agencies d. About 60,000 businesses and government agencies
When the dollar declines in value against a foreign currency, it is called a(n):
a. appreciation. b. depreciation. c. inflation. d. deflation
Rapidly growing developing countries tend to be borrowers on the international capital markets. From this information we may surmise that they have a comparative advantage in
A) future income. B) capital goods. C) disposable income. D) consumer goods. E) present income.