Which of the following is not affected by the level of economic activity in a country?
a. The amount spent by entrepreneurs for the installation of new machinery
b. The amount spent by consumers to buy goods and services
c. The amount spent by government for the provision of social security
d. The amount spent by government for the expansion of roadways
c
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Explain an additional disadvantage for a country undergoing dollarization compared to a currency board or other exchange-rate targeting regimes
What will be an ideal response?
When a corporation wishes to sell new securities, it usually employs
A) a takeover specialist. B) a finance company. C) an investment bank. D) a commercial bank.
Fiscal policy under the Reagan administration was intended to: a. stimulate the economy by decreasing taxes in order to increase consumption
b. increase tax revenues by increasing the tax rate. c. balance the budget by increasing defense spending and increasing taxes. d. stimulate the economy by decreasing taxes in order to increase aggregate supply. e. stimulate the economy by increasing government spending in order to increase aggregate supply.
If the U.S. imposed an import quota on furniture, U.S. net exports of furniture
a. and net exports of other U.S. goods and services would rise. b. would rise but net exports of other goods and services would fall. c. would fall but net exports of other goods and services would rise. d. and net exports of other U.S. goods and services would fall.