If a nation's level of military expenditures is just below the optimal level _____
a. the nation's borders will be unprotected
b. the nation will not be protecting its interests abroad
c. the nation will not be projecting economic force
d. it is unclear what the marginal cost will be
d
Economics
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A decrease in both supply and demand will lead to a decrease in equilibrium quantitY
a. true b. false
Economics
If the Fed wants to raise interest rates, then it can use its open market operations to:
a. increase the money supply. b. decrease the money supply. c. increase money demand. d. decrease money demand.
Economics