What happens when the Fed sells government bonds?
A) The money supply tends to rise.
B) The money supply tends to remain unchanged.
C) The money supply tends to fall.
D) The U.S. budget deficit necessarily rises.
C
Economics
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Which of the following is an example of foreign direct investment?
A) American Airlines builds a hub in China. B) A stock broker from China sells you a Chinese government savings bond. C) You buy a plane that was made in China. D) You purchase a plane ticket to China on American Airlines.
Economics
According to the Quantity Theory of Money, the excessive printing of currency (the issuance of greenbacks and national bank notes) generated the post-Civil War increases in
(a) productivity. (b) prices. (c) production. (d) rising real wages and incomes for all individuals.
Economics