Import standards on specific countries are:
A. more common than blanket standards.
B. used in equal amount to blanket standards.
C. less common than blanket standards.
D. easier to enforce than blanket standards.
C. less common than blanket standards.
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Import restrictions usually benefit domestic producers at the expense of domestic consumers
a. True b. False
Appropriate fiscal policy in the U.S. in 2009 would attempt to
a. increase taxes. b. decrease aggregate supply. c. increase aggregate demand. d. decrease aggregate demand.
List and describe the three major monetary policy tools the Federal Reserve can use to increase the money supply. Be specific in your response regarding which direction the tool would need to change in order for the money supply to grow
What is the most common measure of productivity? How is it calculated?
What will be an ideal response?