An excise tax on an imported good that is not produced domestically is called a:

Suppose on any given day there is an excess demand of reserves in the federal funds market

If the Federal Reserve wishes to keep the federal funds rate at its current level, then the appropriate action for the Federal Reserve to take is a ________ open market ________, everything else held constant. A) defensive; sale B) defensive; purchase C) dynamic; sale D) dynamic; purchase

A Purchasing Manager's Index below 50 indicates

A) a declining retail sector. B) a downturn in economic activity. C) an increase in bond prices in the near future. D) a declining manufacturing sector.