Open market bond sales can be conducted either by the Federal Reserve or the Treasury Department, and either way the result is the same
a. True
b. False
B
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The use of trade barriers to enforce standards abroad raises all of the following concerns EXCEPT
A) the potential deadweight losses in consumption and production at home. B) the lack of agreement over specific content of standards. C) the potential for the use of trade barriers to erupt into a bigger trade war. D) the difficulty of knowing whether some of the concerns are over standards or veiled protectionism. E) only small countries may be able to use trade barriers effectively.
The unemployment rate will decrease whenever there is a(n):
a. increase in the number of persons classified as unemployed. b. decrease in the number of unemployed relative to the size of the labor force. c. decrease in the size of the population and there is no change in the number of persons classified as employed. d. reduction in the size of the labor force. e. decrease in the number of unemployed and the population does not change.
If the value of your debt is decreasing over time, we know that:
A. the real interest rate is negative. B. inflation is zero. C. the real interest rate is positive. D. the real interest rate is zero.
If e-books begin to be the most popular form of textbooks, it is
A. likely to increase costs to students. B. in the best interests of publishers and authors. C. likely to be self-defeating for publishers. D. in the best interests of traditional book stores.