When there is a foreign monopoly exporting to the home nation, under free trade it will sell a quantity where the home ______ is just equal to the foreign ______.

A decrease in the quantity of reserves held by commercial banks could be the result of

A) a decision by U.S. households to hold less currency. B) the sale of government securities by the Federal Reserve. C) a decrease in the government's budget deficit. D) an increase in the exchange rate.

All of the following are automatic fiscal stabilizers EXCEPT

A) a congressionally mandated decrease in tax rates to stimulate the economy. B) a decrease in unemployment compensation payments during an expansion. C) a decrease in overall tax revenues during a recession. D) an increase in unemployment expenditures during a recession.