If the central bank targets interest rates, then the LM curve is

a. vertical.
b. horizontal.
c. upward sloping.
d. downward sloping.

B

Economics

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Trade restrictions tend to preserve ________ in the protected industries and lead to ________ in other industries

A) no jobs; increased productivity B) almost all jobs; economic growth C) relatively few jobs; job losses D) well over half of the jobs; price decreases

Economics

According to the text, the U.S. economy's four competing power blocs include all the following except

a. industrial b. agricultural c. international d. retail e. labor

Economics