A $10 per unit government subsidy paid directly to sellers of heaters will result in
a. a downward shift in the demand curve for heaters by $10.
b. an upward shift in the demand curve for heaters by $10.
c. a downward shift in the supply curve for heaters by $10.
d. an upward shift in the supply curve for heaters by $10.
C
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Federal funds rate targets and reserve targets are incompatible when the Federal Reserve wants to
A) expand reserves and lower interest rates. B) expand reserves and raise interest rates. C) contract reserves and the money supply. D) contract reserves and raise interest rates.
National income, plus income received but not earned, minus income earned but not received, is
a. personal income b. personal disposable income c. pre-tax profit d. net national product e. capital depreciation
In the World View article on new tariffs on imported steel from China, the tariff is designed to
A. Protect Chinese workers who produce steel. B. Protect U.S.-based import-competing industries. C. Protect U.S. steel distributors. D. Protect U.S. steel consumers.
Funds in which deposits of many individual investors are pooled and safely invested in things like short-term government bonds are called money market funds
a. True b. False Indicate whether the statement is true or false