Export promotion is widely regarding by economists as a positive role for government policy makers to play because it is very effective at promoting economic growth

When the interest rate is below the equilibrium level,

a. the quantity of money that the Federal Reserve has supplied exceeds the quantity of money that people want to hold. b. people respond by selling interest-bearing bonds or by withdrawing money from interest-bearing bank accounts. c. bond issuers and banks respond by lowering the interest rates they offer. d. All of the above are correct.

Market signals

A) are ways of conveying information. B) are market noise that confuses buyers and sellers. C) are best ignored by investors. D) always lead to economic losses.