Everything else held constant, if a central bank makes an unsterilized ________ of foreign assets, then the domestic money supply will increase and the domestic currency will ________
A) purchase; appreciate
B) purchase; depreciate
C) sale; appreciate
D) sale; depreciate
B
Economics
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The circular flow model shows the flow of
A) expenditure and income throughout the economy. B) only money throughout the economy. C) only funds in stock and bond markets. D) only tax payments and government expenditures. E) goods markets and factor markets as they move through the economy.
Economics
A perfectly competitive firm maximizes its economic profit when it produces the quantity that sets
A) MR = MC. B) TR = TC. C) MC =.AVC. D) MC = ATC.
Economics