What happens to the Canadian monetary base if there is an excess supply of 100 million euros in the foreign exchange market, which the Bank of Canada purchases?
a. The Canadian monetary base falls by 100 million euros worth of Canadian dollars.
b. The Canadian monetary base falls. The amount depends on the size of the money multiplier
c. The Canadian monetary base might fall or rise.
d. The Canadian monetary base rises by 100 million euros worth of Canadian dollars.
e. The Canadian monetary base rises. The amount depends on the size of the money multiplier.
.D
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In the Keynesian model with efficiency wages
A) the full-employment line is determined where the quantity of labor demanded equals the quantity of labor supplied. B) the full-employment level is determined at the intersection of the labor demand curve and the efficiency wage line. C) an increase in labor supply increases employment. D) a decrease in labor supply shifts the FE line to the left.
When a manager's bonuses are tied to multiple unrelated performance measures
a. we typically see the manager miss all goals by about the same amount b. we typically see the manager greatly exceeding some goals while missing others altogether c. we typically see the manager just meeting some goals while missing others by a wide margin d. we typically see the manager indifferent to the goals