An expected increase in the money supply will tend to cause
A) an increase in stock prices.
B) a reduction in stock prices.
C) no change in stock prices.
D) an ambiguous effect on stock prices.
C
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A negative balance of trade is when ___________.
Fill in the blank(s) with the appropriate word(s).
One reason that some criticized government price regulations was ______________, where the regulated ended up playing a large role in setting the regulations that were intended to control them.
a. regulatory capture b. regulation apprehension c. legal backtreading d. government abandonment
revenue-based incentives
What will be an ideal response?
In William Safire’s 1983 essay, “Smoot-Hawley Lives,” he argues that the United States should
A. threaten retaliation if trading partners practice protectionism. B. pursue a unilateral free trade policy regardless of what others do. C. limit government’s role in the economy.