Which of the following would not cause the demand curve for peaches to shift?
a. an increase in the price of apricots
b. a decrease in the price of nectarines
c. an increase in the price of peaches
d. a change in preferences for peaches
e. a decrease in the income of peach buyers
C
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When a tariff is imposed on a good, the ________ increases
A) domestic quantity purchased B) domestic quantity produced C) quantity imported D) quantity exported E) world price
Employers engaging in ________ try to enhance their profits
A) psychological bias B) moral discrimination C) statistical discrimination D) taste-based discrimination
The FOMC meets approximately eight times per year and at these meetings they
a. set a target federal funds interest rate. b. set a target money supply. c. set a target employment target. d. All of the above e. None of the above
If interest rates in Canada fall below those in the rest of the world, then
a. it depreciates Canada's exchange rate and this may result in a surplus on Canada's current account b. the demand for Canadian dollars increases c. exports from Canada to other countries decrease d. imports into Canada from other countries increase e. the balance of payments becomes negative