If there is an excess supply of money, there is an excess
a. demand for bonds and the price of bonds will decrease
b. supply of bonds and the price of bonds will decrease
c. supply of bonds but the price of bonds will not change
d. supply of bonds and the price of bonds will increase
e. demand for bonds and the price of bonds will increase
E
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Deregulation has contributed to
A) an increase in union membership. B) declines in union membership. C) higher wages in unions. D) an increase in union power.
A new technology that increases labor productivity will shift the
a. demand curve for labor to the left b. MLC curve to the left c. MPP curve upward d. MLC curve to the right e. demand for the good to the right
Which of the following is a source of data for the consumption component of the U.S. GDP?
A. The Census Bureau's Retail Trade Survey. B. The Census Bureau's Survey of Government Finance. C. The Conference Board's Index of Leading Indicators. D. The Bureau of Labor Statistics' Consumer Price Index.
The Federal Reserve reports that it has coins valued at $10 billion, bank reserves at the Fed of $15 billion, gold valued at $10 billion, Federal Reservesnotes of $400 billion, and U.S. government securities of $300 billion
What is the size of the monetary base?