Hong Kong is one of the top four largest markets in the world in foreign-exchange trades and the largest in Asia.
a. true
b. false
b. false
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In the Modern Keynesian Model the short run aggregate supply curve slopes upward. How could one explain the shape of the upward sloping? short-run aggregate supply curve by only focusing on the capital? input?
If the interest rate falls, the opportunity cost of holding money __________ and the quantity demanded of money __________
A) rises, rises B) rises, falls C) falls, rises D) falls, falls
The aim of unconventional monetary policy tools is to:
A. increase the value of the dollar. B. stimulate the economy in coordination with fiscal policy. C. boost liquidity and reduce interest rates when credit channels are clogged. D. slow down liquidity and increase interest rates.
The demand for labor is
A) derived from the satisfaction that hiring the inputs provides the owner or manager of the firm more money. B) derived from the demand for the final product being produced. C) derived from a utility maximizing process similar to that used to derive the demand curve for goods and services. D) totally unrelated to the demand curve for the final product.