The financing of U.S. import transactions, ceteris paribus
A) reduces U.S. interest rates.
B) increases the amount of foreign currency held by the Fed.
C) increases U.S. GDP.
D) decreases the amount of foreign currency held by U.S. banks.
Answer: D
You might also like to view...
The income effect of an increase in the price of peaches is
A) the change in the quantity of other fruit demanded that results from the impact of the price change on purchasing power, holding all other factors constant. B) the change in the quantity of peaches demanded that results from the effect of the change in price on consumer purchasing power, holding all other factors constant. C) the change in the demand for peaches as a result of the change in the price of peaches, holding all other factors constant. D) the change in the quantity of peaches demanded that results from the price increase, making peaches more expensive than other fruit, holding constant the effect of the price change on consumer purchasing power.
The dominant factor affecting medical care delivery and finance in the 1990s was
a. the Hill-Burton Act. b. prospective payment for hospitals. c. creation of Medicare and Medicaid. d. the explosive growth of managed care. e. ERISA.