This topic contains a solution. Click here to go to the answer

Author Question: Suppose the government wants to reduce the illegal importation of exotic animals used as pets and ... (Read 121 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
Suppose the government wants to reduce the illegal importation of exotic animals used as pets and tries to achieve this goal by interrupting the supply of illegally imported exotic animals.
 
  If the demand for these animals is highly elastic, this government effort will result in A) a small reduction in the quantity of exotic pets demanded.
  B) a large reduction in the quantity of exotic pets demanded.
  C) no change in the quantity of exotic pets demanded.
  D) an increase in the quantity of exotic pets demanded.

Question 2

Inflation targeting requires that the central bank
 
  A) publicize its targeted inflation rate.
  B) avoid changing the amount of the monetary base.
  C) use a short-term interest rate as its policy instrument.
  D) set a fixed price real assets.
  E) adopt a k-percent rule for the inflation rate.
 
  The figure above shows the market for reserves.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hramirez205

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

B

Answer to Question 2

A




plus1

  • Member
  • Posts: 676
Reply 2 on: Jun 29, 2018
Excellent


ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

For a complete list of videos, visit our video library