What are bilateral investment treaties?
What will be an ideal response?
They set out the rules that govern cross border investment and typically emphasize national treatment for foreign investors.
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Which activity of the Fed would tend to increase excess reserves throughout the banking system?
A) Purchases of government bonds on a mass scale B) An increase in the required reserve ratio C) An increase of the discount rate D) Sales of government bonds on a mass scale
Which of the following occurs when an expansionary gap is closed in the long run by the action of firms? a. Output decreases, and the price level increases
b. Inflation decreases, and unemployment rises. c. Both the equilibrium output and the price level increase. d. Both the equilibrium output and the price level decrease. e. Inflation rises, and unemployment decreases