The exchange of one good for another, without the use of money, is known as:
a. acquisitive exchange.
b. liquidity.
c. volatility.
d. barter.
e. currency.
d
You might also like to view...
Higher steel prices will result in a shift in the supply curve of bicycles, and this will lead to
A. higher prices for bicycles. B. lower prices for bicycles. C. a shift in the demand curve for bicycles. D. a larger output of bicycles. E. no impact on the price of bicycles.
One criticism of the Fed's policy of forward guidance during the recession of 2007-2009 is that it contributed to a prolonged period of abnormally low interest rates, leading to speculative bubbles in stocks or other financial assets as investors
A) delayed purchasing these assets until interest rates rose. B) chose to sell off these assets due to the low returns on investment. C) borrowed at these low interest rates to buy these assets. D) switched from investing in these assets to assets with higher risks.
The U.S. fiscal stimulus in 2009 did not increase GDP substantially because
a. the Federal Reserve was decreasing interest rates and real world estimates for the multiplier might be less than one. b. the Federal Reserve was increasing interest rates and real world estimates for the multiplier might be less than one. c. state governments were decreasing spending and real world estimates for the multiplier might be less than one. d. state governments were increasing spending and real world estimates for the multiplier might be less than one.
Net capital outflow measures the imbalance between the amount of
a. foreign assets held by domestic residents and domestic assets held by foreign residents. b. foreign assets bought by domestic residents and the amount of domestic assets bought by foreigners. c. foreign assets bought by domestic residents and the amount of domestic goods and services sold to foreigners. d. None of the above is correct.