Unilateral transfers involve money being sent abroad without any direct good or service being received.
Select whether the statement is true or false.
A. True
B. False
A. True
This statement is true. Unilateral transfers involve money being sent abroad without any direct good or service being received.
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When the Fed buys a U.S. bond in the open market
A) its action contracts total reserves and the money supply. B) total reserves increase by the amount of the purchase but the money supply stays the same. C) its action expands total reserves and the money supply. D) its action has no effect on the total reserves or the money supply because the check it writes increases reserves at one bank but they fall at another.
If the United States imposes a tariff on imported cars, the
A) U.S. demand curve shifts rightward. B) U.S. demand curve shifts leftward. C) U.S. supply curve shifts rightward. D) the price in the United States rises but neither the U.S. demand curve nor the U.S. supply curve shift.
When the price of a coupon bond increases,
A) the coupon rate declines B) the coupon rate increases C) the current yield declines D) the current yield increases
No U.S. trading partners engage in unfair trade practices.
Answer the following statement true (T) or false (F)