The euro was adopted solely for economic reasons.
Answer the following statement true (T) or false (F)
False
The euro certainly was adopted in part for economic reasons, but a common currency was also implemented to foster greater integration within Europe, in the hopes that a more connected Europe would reduce the likelihood of future wars.
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Net taxes are indirect business taxes plus transfer payments
a. True b. False Indicate whether the statement is true or false
The United States has numerous antitrust laws on the books and numerous legal precedents on acceptable corporate behavior. Still, the true commitment to enforcement is measured by the
a. number of monopolies we sue b. number of monopolies we break up c. partiality of the federal judges d. willingness of industry to behave e. budget of the enforcement agencies
If the dollar depreciates, it can be said that
a. foreign countries no longer respect the United States. b. it falls in value within the United States. c. it takes fewer dollars to buy foreign currencies. d. other currencies appreciate.
Within the AD/AS model, an unanticipated increase in short-run aggregate supply will cause real output to
a. increase and the general level of prices to fall. b. decrease and the general level of prices to rise. c. increase and the general level of prices to rise. d. decrease and the general level of prices to fall.