Which of the following would NOT be a result of a contractionary monetary policy?
A. Interest rates would rise.
B. Imports would rise.
C. Net exports would decline.
D. Foreign goods would become more expensive to U.S. residents.
Answer: D
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Where Y is GDP, C is consumption, I is investment, G is government spending, T is net taxes, and there is no international trade, private saving equals:
A. Y - T - C. B. Y -T - G. C. C + I + G - T. D. Y - C - I.
Refer to the Article Summary. The unexpected increase in the supply of oil mentioned in the article summary resulted in a decrease in the price of oil
After an unexpected decrease in the price of oil, the long-run adjustment ________ the price level and ________ the unemployment rate as they return to their original levels. A) increases; increases B) decreases; increases C) increases; decreases D) decreases; decreases
In the 1600s, _____ and _____ emerged as the chief competitors in the race for control of North America
a. Spain; England b. England; Holland c. England; France d. Spain; France
Other things remaining constant, higher trade deficits in the U.S. will lead to: a. U.S citizens buying greater foreign securities
b. an increase in domestic savings in the U.S. c. a decrease in the demand for U.S. dollars. d. an increase in funds from abroad. e. an increase in the standard of living of the U.S residents.