The Fed purchases $200 worth of government bonds from the public. The reserve requirement is 12.5 percent, people hold no currency, and the banking system keeps no excess reserves. The U.S. money supply eventually increases by

The wage gap between males and females is decreasing, and will be finally eradicated because the average male in the labor force has equal marketable human capital as the average female

a. True b. False Indicate whether the statement is true or false

An increase in U.S. sales of movies to other countries raises U.S

a. exports and so raises the U.S. trade balance. b. exports and so reduces the U.S. trade balance. c. imports and so raises the U.S. trade balance. d. imports and so reduces the U.S. trade balance.