If the Fed sells government bonds on the open market, which of the following is likely to occur?
A. The money supply will expand.
B. The market rate of interest on government bonds will increase.
C. The market rate of interest on corporate bonds will decrease.
D. The amount of investment spending will increase.
B. The market rate of interest on government bonds will increase.
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The three major responsibilities of the European Parliament are legislative power, control over the budget, and supervision of executive decisions
a. true b. false
Which of the following is NOT a deficit item on the international accounts balance sheet for a country?
A. imports of merchandise B. purchases of foreign currency C. exports of merchandise D. military spending abroad
A natural monopoly is based on economies of scale
a. True b. False
In a market system, which component conveys information about what is relatively scarce and what is relatively abundant?
A) the number of producers B) the number of consumers C) market price D) the amount of resources used in producing the goods and services