When good weather speeds the check-clearing process, float tends to ________ causing the Fed to initiate defensive open market ________

The international organization that serves as a forum for trade discussions and the development of trade rules is called

A) the WTO. B) the World Bank. C) the IMF. D) the United Nations.

If the elasticity of supply for a good is greater than the government expected: a. Consumers will bear more of the burden of the tax than the government expected. b. Producers will bear more of the burden of the tax than the government expected. c. The tax will raise less revenue than the government expected

d. Both a. and c. are true.