Everything else held constant, if a central bank makes an unsterilized ________ of foreign assets, then the domestic money supply will ________ and the domestic currency will depreciate

The tax cut of 1964 (proposed by President Kennedy): a. was the last time fiscal policy was used

b. was the greatest failure as a demand-management tool. c. actually increased investment, consumption, and employment. d. shifted the aggregate demand curve leftward. e. was the first time the focus moved away from managing aggregate demand to focusing exclusively on aggregate supply.

Which of the following is most likely to be a monopoly?

a. The local fast-food restaurant b. The local electricity distributor c. The local bathroom fixtures shop d. The local television broadcaster