If government policy encouraged households to save more at each interest rate, then
a. the real exchange rate and net exports would rise.
b. the real exchange rate and net exports would fall.
c. the real exchange rate would rise and net exports would fall.
d. the real exchange rate would fall and net exports would rise.
d
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Although ________ initially proposes and ultimately approves the budget, the discussion and amendment process rests with ________
A) the U.S. Treasury; Congress B) Congress; the President C) Congress; the Federal Reserve D) the Senate; the President E) the President; Congress
One way to avoid holdups is to
A) use contracts. B) vertically integrate. C) use multiple sources. D) All of the above.
Which of the following steps should you follow when using a formula?
A) Make sure the number you calculate using the formula is economically reasonable
B) Make sure you understand the economic concept the formula represents
C) Make sure you are using the correct formula for the problem you are solving
D) All of the above are steps you should follow when using a formula
Demand for products such as insulin, cancer drugs, and tobacco is usually inelastic.
a. true b. false