If monetary policy is used to control GDP, there is greater sacrifice of long-run economic growth in pursuing short-run stabilization the ________ is fiscal policy and thus the ________ is the real interest rate

Suppose Ford can triple its production of 150s by tripling its production facility for those trucks. This indicates the presence of:

a) the law of diminishing returns. b) minimum efficient scale. c) constant returns to scale. d) diseconomies of scale. e) economies of scale.

If the Federal Reserve buys $3 billion worth of Japanese yen and sells $5 billion of euros, how does this affect the balance of payments?

A) Falls by $2 billion B) Rises by $2 billion C) Rises by $3 billion D) Falls by $5 billion