As a result of an increase in tariffs, imports decrease and government revenue increases
Indicate whether the statement is true or false
TRUE
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Which of the following is a difference between "quantitative easing" and ordinary open-market operations?
A. There is no difference between the two policy tools. B. Open-market operations are done in order to lower interest rates; quantitative easing is merely intended to increase bank reserves. C. Quantitative easing is focused exclusively on U.S. government bonds; open-market operations also include the buying and selling of debt issued by government agencies and government-sponsored entities.
If producers who hire labor in a competitive labor market decide to purchase the new automated machine that completes the work of 30 employees, we would expect the labor-demand curve to shift to the:
A. left and wages would rise. B. right and wages would rise. C. left and wages would decrease. D. right and wages would decrease.