If more foreign plastic plants relocate to the United States, we would expect
A. the U.S. supply curve for plastic to shift to the right.
B. the U.S. supply curve for plastic would shift to the left.
C. that U.S. plastic demand might change, but U.S. plastic supply would remain the same.
D. that the U.S. plastic market would not respond.
Answer: A
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According to Keynes, the most important determinant of an individual's real saving is
A) interest rates. B) the foreign exchange rate. C) the individual's real disposable income. D) the level of investment.
If the Fed sells government bonds on the open market, which of the following is likely to occur?
A. The money supply will expand. B. The market rate of interest on government bonds will increase. C. The market rate of interest on corporate bonds will decrease. D. The amount of investment spending will increase.