The demand for U.S. dollars represents:
A) the demand for U.S. goods and financial assets by households and firms outside the United States.
B) the demand for foreign goods and financial assets by households and firms within the United States.
C) the demand for U.S. goods and financial assets by households and firms within the United States.
D) the willingness of households and firms that own dollars to exchange them for foreign currency.
A
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The "shoe-leather costs" of inflation are the costs from
A) the government taking a higher percentage of interest income. B) higher prices for all goods, including necessities such as shoes. C) confusion as people lose track of real costs and benefits. D) higher taxes due to higher inflation. E) time spent trying to spend money quickly.
Which of the following parties benefits from an import quota but not from a tariff?
A) the foreign government B) the person with the right to import the good C) domestic producers D) domestic consumers E) the domestic government
What is the relationship between financial market development and economic growth?
What will be an ideal response?
The United States payroll tax is progressive.
Answer the following statement true (T) or false (F)