Which of the following would not shift the world supply curve up?
A. Foreign firms incorporating technological innovation
B. Rising wages in other countries
C. Raising trade restrictions
D. Increasing the exchange rate
Answer: A
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An increase in national saving reduces the interest rate and so reduces net capital outflow
a. True b. False Indicate whether the statement is true or false
Which curve in the market for foreign-currency exchange shifts and which direction does it shift if the government budget deficit increases? Explain why an increase in the budget deficit shifts this curve
In any efficiency wage model, it must be true that
a. the marginal benefit of increased efficiency is equal to the marginal cost of higher wages. b. nominal wages are inflexible. c. disequilibrium in the labor market exists. d. all of the above. e. none of the above.
An individual deposits $12,000 in a commercial bank. The bank is required to hold 10 percent of all deposits on reserve at the regional Federal Reserve Bank. The deposit increases the loan capacity of the bank by:
A. $9,600. B. $11,000. C. $6,000. D. $10,800.