If the U.S. dollar depreciates against the euro, what can the Fed do to keep the dollar's exchange rate stable?
A) decrease U.S. imports by increasing tariffs
B) nothing
C) buy dollars in the foreign exchange market
D) sell dollars in the foreign exchange market
E) buy euros in the foreign exchange market
C
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An economic argument in favor of providing medical care through HMOs is that they:
A. reduce incentives for providing unnecessary or excessive care. B. reduce the probability of patients filing a malpractice claim. C. reduce the cost of seeing a specialist. D. increase provision of care to the sickest patients.
What is the main determinant of the price elasticity of supply? Explain
Please provide the best answer for the statement.
When a positive externality exists,
A. external benefits are necessarily greater than private benefits. B. social benefits are greater than private benefits. C. social benefits are less than private benefits. D. social benefits equal private benefits. E. none of the above
A pure public good is _____ and _____
a. nonexcludable; private in consumption b. excludable; private in consumption c. excludable; collective in consumption d. nonexcludable; collective in consumption