Macroeconomics

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If the cross price elasticity of demand between goods A and B was equal to 0.5, those goods are ... Started by naturalchemist	1 Replies 109 Views	Jun 30, 2018 by cswans24
The major objective of the Federal Reserve System is to: a. make substantial profits for its member ... Started by dmcintosh	1 Replies 84 Views	Jun 30, 2018 by mcni194
Consider an economy in equilibrium, and assume no change in aggregate demand. An earthquake that ... Started by ts19998	1 Replies 55 Views	Jun 30, 2018 by kthug
If the income elasticity of demand is less than 1.0, it means it is an inferior good. a. True b. ... Started by pepyto	3 Replies 150 Views	Jun 30, 2018 by kilada
Decisions regarding purchases and sales of securities by the Fed are made by: a. FDIC. b. Discount ... Started by javeds	1 Replies 126 Views	Jun 30, 2018 by zoeyesther
A sudden technological breakthrough in an economy would: a. have no impact on real GDP. b. cause ... Started by Anajune7	1 Replies 72 Views	Jun 30, 2018 by heyhey123
When a 5 increase in price leads to an 8 increase in quantity supplied, supply is relatively ... Started by vicky	1 Replies 80 Views	Jun 30, 2018 by frre432
When the Fed wants to expand the money supply through open market operations, it: a. sells ... Started by burchfield96	1 Replies 89 Views	Jun 30, 2018 by dudman123
Which of the following factors have not contributed to the Great Moderation of real GDP in the U.S. ... Started by Charlie	1 Replies 75 Views	Jun 30, 2018 by mammy1697
Unlike demand, the longer the time suppliers have to respond to a change in price, the less elastic ... Started by sarasara	1 Replies 61 Views	Jun 30, 2018 by livaneabi
When the Fed purchases government securities from a commercial bank, the bank: a. automatically ... Started by cool	1 Replies 102 Views	Jun 30, 2018 by Cnarkel
In the presence of Regulation Q, when interest rates would rise, _____. a. the transaction demand ... Started by debasdf	3 Replies 82 Views	Jun 30, 2018 by komodo7
Given an upward sloping supply curve, the more inelastic is demand, the greater the fraction of the ... Started by rl	1 Replies 60 Views	Jun 30, 2018 by millet
In the 1980s, U.S. economists acknowledged that it was not possible to exploit the trade-off ... Started by justinmsk	1 Replies 44 Views	Jun 30, 2018 by jesse.fleming
Total revenue for a seller represents the amount that: a. sellers receive for a good or service ... Started by bobbysung	1 Replies 59 Views	Jun 30, 2018 by Galvarado142
Which of the following combinations would not produce conflicting effects on the supply of money? ... Started by Awilson837	1 Replies 44 Views	Jun 30, 2018 by Dunkey
The change in the money supply in an economy is measured as: a. the difference between the ... Started by cabate	1 Replies 47 Views	Jun 30, 2018 by laurnthompson
Demand is said to be ____ when the quantity demanded changes the same proportion as the price. a. ... Started by burchfield96	1 Replies 67 Views	Jun 30, 2018 by underwood14
Which of the following combinations would unambiguously increase the supply of money? a. The Fed ... Started by imowrer	1 Replies 72 Views	Jun 30, 2018 by Jadwiga9
If the government fiscal deficit equals 78 billion, government borrowing equals 38 million, and tax ... Started by futuristic	3 Replies 78 Views	Jun 30, 2018 by C.mcnichol98
If the demand curve is perfectly elastic, the elasticity coefficient is ____ and the curve is ____. ... Started by fasfsadfdsfa	1 Replies 94 Views	Jun 30, 2018 by mohan
When the money supply increases by 5 billion, tax revenues are 10 billion, and government borrowing ... Started by littleanan	1 Replies 89 Views	Jun 30, 2018 by komodo7
Shaina and Mariah have a business that provides personal fitness training services. They know that ... Started by jayhills49	1 Replies 104 Views	Jun 30, 2018 by raili21
Which of the following is most frequently used when the Fed is attempting to adjust the money ... Started by jace	1 Replies 71 Views	Jun 30, 2018 by 6ana001
The money supply in an economy declines when, other things equal, _____. a. government spending ... Started by jasdeep_brar	1 Replies 97 Views	Jun 30, 2018 by joewallace