The export supply curve is the portion of the domestic supply curve below the no-trade equilibrium price

The government agency that oversees the banking system and is responsible for the conduct of monetary policy in the United States is

A) the Federal Reserve System. B) the United States Treasury. C) the U.S. Gold Commission. D) the House of Representatives.

Assume the economy is initially in equilibrium with real GDP equal to potential GDP

Other things equal, if the economy enters a recession and there are no automatic stabilizers, the IS curve would shift to the ________, and the shift would be equal to ________. A) right; decline in investment spending B) left; decline in investment spending C) right; decline in investment spending times the multiplier D) left; decline in investment spending times the multiplier