An increase in the U.S. money supply would cause the value of the dollar to ________ and U.S. net exports to ________ in the short run using a Keynesian model

If a perfectly competitive firm raises the price it charges to consumers, which of the following is the most likely outcome?

A) The firm's total revenue will increase only if the demand for its product is elastic. B) The firm's total revenue will increase only if the demand for its product is inelastic. C) The firm will not sell any output. D) The firm's revenue will not change because some consumers will refuse to pay the higher price.

Banks minimize the risk of loss to depositors by: a. lending to government officials

b. making many different loans to different borrowers. c. refusing to lend money to the U.S. government. d. lending to the richest 1 percent of the population. e. making very long-term loans.