The interest rate affects the goods market through its impact on money demand.

a. true
b. false


Answer: b. false

Economics

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Refer to Figure 5-1. The efficient equilibrium price is

A) $60. B) $50. C) $40. D) < $40.

Economics

Membership in a customs union may be either welfare improving or welfare worsening. Illustrate and explain

What will be an ideal response?

Economics

The present membership in the Federal Reserve System includes

a. all the commercial banks in the nation. b. less than half of the commercial banks in the nation. c. only the Federal Reserve Banks and their branches. d. commercial banks, savings & loans, and credit unions.

Economics

All of the following companies export over one quarter of their production except

A. Oracle. B. Caterpillar Tractors. C. Boeing. D. McDonalds.

Economics