Autonomous tightening of monetary policy involves ________
A) raising interest rates and shifting the MP curve to the right
B) lowering interest rates and shifting the MP curve to the left
C) raising interest rates and shifting the MP curve to the left
D) lowering interest rates and shifting the MP curve to the right
E) none of the above
C
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Which firm is not dealing with adverse selection
a. a manufacturer forgoes a usual 90 day probationary period for new employees b. a temporary clerical agency requires a typing test c. a manufacturer requires suppliers to be ISO 900 . certified d. Smokers get the worse life insurance rates as non-smokers
When government increases a fixed tax, consumption schedule
a. shifts downward in a parallel manner. b. shifts upward in a parallel manner. c. becomes horizontal. d. becomes vertical.
Which of the following is a deficiency of the regular (or traditional) consumer price index (CPI) as a measure of the cost of living?
a. The CPI fails to make any adjustment for changes in the price of housing. b. The CPI only measures changes in the prices of food, clothing, and energy. c. The CPI fails to maintain the quantities of the typical bundle of goods purchased by consumers constant over a lengthy time frame. d. The CPI does not adjust regularly for the fact that consumers will shift their spending away from goods that become more expensive.
According to one research study focusing on Indonesia, actions by nongovernmental organizations are ___________ than importing countries' threats to raise tariffs.
a. less effective in raising wages and limiting declines in employment b. more effective in raising wages and limiting declines in employment c. less effective in raising wages but more effective in limiting declines in employment d. more effective in raising wages but less effective in limiting declines in employment