Suppose Kaylee withdraws $4,000 from her bank. If the reserve ratio is 25 percent, then this will lead to a decrease in M1 of
A) $1,000. B) $4,000. C) $8,000. D) $12,000.
D
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An increase in the interest rate causes
A) a movement up along the money demand curve. B) a movement down along the money demand curve. C) the money demand curve to shift to the left. D) the money demand curve to shift to the right.
The following table shows the export and import values of automobiles, pharmaceuticals, and clothing in Country A and Country B. Country AExports ($Billions)Imports ($Billions)Automobiles2040Pharmaceuticals3030Clothing400Country BExports ($Billions)Imports ($Billions)Automobiles020Pharmaceuticals4040Clothing4535 In Country A, the product with the highest intra-industry trade (IIT) share is ________ and the product with the lowest IIT share is
A. clothing; automobiles. B. automobiles; pharmaceuticals. C. pharmaceuticals; clothing. D. clothing; pharmaceuticals.