The largest proportion of the U.S. public debt is held by:
A. the U.S. public (individuals, businesses, financial institutions, and government).
B. foreign individuals and institutions.
C. the Federal Reserve System.
D. U.S. government agencies.
A. the U.S. public (individuals, businesses, financial institutions, and government).
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In the circular flow diagram, ________ supply the factors of production, and ________ goods and services
A) firms; sell B) households; buy C) firms; buy D) households; sell
In pursuing a strategy of monetary targeting, the central bank announces that it will achieve a certain value (the target) of the annual growth rate of a ________
A) a monetary aggregate B) a reserve aggregate C) the monetary base D) GDP
Suppose we were analyzing the Turkish lira per euro foreign exchange market. If The Euro-Area's risk level falls relative to Turkey and nothing else changes, then the:
a. The supply of euros in the foreign exchange market falls, and the demand for euros in the foreign exchange market rises, causing an appreciation of the euro. b. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market falls, causing an appreciation of the euro. c. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market rises, causing an uncertain change in the value of the euro. d. The supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market falls, causing a depreciation of the euro. e. Neither supply nor demand in the foreign exchange market change because relative international prices influence trade flows and not the exchange rate.
Which of the above shows the correct relationship between demand and marginal revenue for an imperfectly competitive firm?
A. A B. B C. C D. D