What is the world price of sugar without the tariff? 

In the simple deposit expansion model, an expansion in checkable deposits of $1,000 when the required reserve ratio is equal to 20 percent implies that the Fed

A) sold $200 in government bonds. B) sold $500 in government bonds. C) purchased $200 in government bonds. D) purchased $500 in government bonds.

A Keynesian economist would expect a supply-side tax cut to shift

A. only the aggregate supply curve outward. B. only the aggregate demand curve outward. C. both the aggregate demand and aggregate supply curves outward. D. the aggregate supply curve outward and the aggregate demand curve inward.