Which of the following will be most likely to cause the production possibilities curve for a country to shift inward?
What will be an ideal response?
an increase in unemployment
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A sale of foreign assets by a central bank has the same effect on the monetary base as
A) a decrease in the discount rate. B) a decrease in the required reserve ratio. C) an open market sale of government bonds. D) an open market purchase of government bonds.
In 2010, the debt-to-GDP ratio increased to roughly the same ratio as the 1990s
a. True b. False Indicate whether the statement is true or false
The __________ rate is the interest rate one bank pays another bank for a loan
A) discount B) mortgage C) reserve requirement D) federal funds E) bank-borrowing
Refer to the table at right. If the price is? $6, the perfectly competitive firm should produce
A. 107 units
B. 104 units
C. 106 units
D. 105 units