Assume that European interest rates fall as a result of decreased deficit spending by the governments of the European Union. We would expect all of the following, except:
a. a depreciation of the euro with respect to the U.S. dollar.
b. increased European demand for American government securities.
c. a higher level of U.S. imports from Europe.
d. higher U.S. net exports to Europe.
e. higher French exports to the United States.
d
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The fastest growing nations today are those with
A) few funds spent on research and development. B) government intervention in markets to ensure high prices. C) the least saving. D) the fastest growing exports and imports. E) barriers that significantly limit international trade.
When Ben Bernanke referred to the exit strategy of the Fed, he was referring to:
A) his plans to retire as chair of the Fed B) when the Fed would stop implementing monetary policy C) the process by which the Fed would shrink its balance sheet D) increasing the federal funds rate back to where it was prior to the financial crisis
The assumption of rational self-interest does not rule out the possibility of concern for other individuals
a. True b. False
The prices of assets are included in standard measures of inflation.
Answer the following statement true (T) or false (F)