Which of the following regional trade agreements is a free-trade area?
a. NAFTA
b. the European Union
c. Mercosur
d. NATO
Ans: a. NAFTA
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The chief function of the Federal Reserve is to be the federal government's tax collection institution
a. True b. False Indicate whether the statement is true or false
Suppose buyers of computers and printers regard the two goods as complements. Then an increase in the price of computers will cause a(n)
a. decrease in the demand for printers and a decrease in the quantity supplied of printers. b. decrease in the supply of printers and a decrease in the quantity demanded of printers. c. decrease in the equilibrium price of printers and an increase in the equilibrium quantity of printers. d. increase in the equilibrium price of printers and a decrease in the equilibrium quantity of printers.