Which of the following will result in the money market when the price level in an economy rises, while the supply of money remains unchanged?
What will be an ideal response?
The rate of interest will increase.
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What is a black market? What types of goods are likely to be traded in a black market? What are the problems that black markets pose in an economy?
What will be an ideal response?
According to employment studies, what is the most productive day of the week?
a. Monday b. Tuesday c. Wednesday d. Thursday
Given the following policy options, how could China's government be most likely to encourage higher growth of China's exports to other countries?
A. Allow its own currency, the yuan, to appreciate against foreign currencies by not intervening in foreign exchange markets B. Use its policy toward the exchange rate to prevent any devaluation of the yuan C. Sell its own currency, the yuan, and buy foreign currency in the foreign exchange markets D. Buy its own currency, the yuan, and sell foreign currency in the foreign exchange markets
Chronic budget deficits can be attributed to:
A. unfunded liabilities. B. voters wanting government programs but not wanting to pay taxes. C. inappropriate monetary policy. D. state budget laws.