Logan finds $10 in his jacket pocket and deposits it into a bank. As a result of this single transaction, M1 has
A) increased by more than $10. B) increased by $10.
C) not changed. D) increased by less than $10.
C
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With the proposed TPP tariff changes on imported shoes, New Balance would be ________ by the change in prices on some of the imported shoes sold by other companies that compete with
New Balance's U.S.-produced shoes, and New Balance would be ________ because of the price it could now charge for the shoes it imports from TPP countries. A) hurt; hurt B) helped; helped C) hurt; helped D) helped; hurt
According to the new classical school, an expected increase in government spending is associated with:
a. a downward movement along the long-run Phillips curve. b. an upward movement along the short-run Phillips curve. c. a parallel outward shift of the long-run Phillips curve. d. an upward movement along the long-run Phillips curve. e. a downward shift of the short-run Phillips curve.