In the Mundell-Fleming model with a floating exchange rate and perfect capital mobility, an increase in the money supply does all of the following EXCEPT:
a. increase interest rates.
b. increase income.
c. increase the IS curve.
d. increase inflation.
A
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A defendant believes there is an 80 percent chance that the plaintiff will win $1,000,000 and a 20 percent chance that the plaintiff will lose and be awarded nothing (zero). The plaintiff believes that there is a 90 percent chance that they will win $1,000,000 and a 10 percent chance that they will be awarded nothing (zero). The plaintiff's litigation cost is $500,000 and the defendant's
litigation cost is $400,000. The defendant would be willing to pay any amount up to ________ to settle. $1,000,000 B) $1,200,000 C) $900,000 D) $800,000
Late in the 2000–2009 decade, real estate prices in the U.S. fell by a greater percentage than they had fallen since the
a. 1890s. b. 1930s. c. 1950s. d. 1970s.
State-chartered banks that are not members of the Federal Reserve System are examined by the _________.
Fill in the blank(s) with the appropriate word(s).
For a commercial bank, the term "reserves" refers to
A) a banker's concern ("reservation") in making loans to an individual without a job. B) the profit that the bank retains at the end of the year. C) the cash in its vaults and its deposits at the Federal Reserve. D) the net interest that it earns on loans.