How do developed countries maintain an advantage over developing countries in international trade? a. they use trade embargoes to prevent developing countries from exporting manufactured goods. b. they reduce their levels of foreign aid as developing countries lower their trade barriers. c. they maintain high tariffs on the agricultural goods that many developing countries export. d. they invest large amounts of money in high-technology productive processes.
2b2t

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Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.