Which of the following products would be most difficult to resell?
a. Girl Scout cookies
b. suitcases
c. automobiles
d. pencils
e. medical exams
E
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If the Fed wants to maintain a dollar exchange rate of 1.20 euros per dollar but the exchange rate rises, then in the short run the Fed can
A) buy dollars and buy euros. B) do nothing. C) sell dollars and sell euros. D) buy dollars and sell euros. E) sell dollars and buy euros.
Use the market for central bank money to answer this question. Graphically illustrate and explain what effect an increase in the reserve deposit ratio (?) will have on this market and on the equilibrium interest rate
What will be an ideal response?
For inferior goods, demand will fall when
A. price increases. B. price decreases. C. income decreases. D. income increases.
What is an economic variable? Give an example of an economic variable
What will be an ideal response?