For a country with a floating exchange rate and, initially, an overall payments balance of zero, if the country implements expansionary monetary policy, the LM curve will shift to the ________ which will lead to the country's currency to

Market activity that goes unreported either to avoid taxes or because the activity is illegal is called:

a. special-interest activity. b. rent seeking. c. the underground economy. d. pork-barreling.

If people begin to hold more cash, the money-multiplier process will

A. increase in intensity. B. remain the same. C. decrease in actual size. D. cause larger amounts of excess reserves.