What matters to people is the real value of money or income
Indicate whether the statement is true or false
TRUE
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Trade within a country typically involves ________, while trade between countries normally involves ________.
A. real currencies; nominal currencies B. a single currency; different currencies C. nominal currencies; real currencies D. flexible exchange rates; fixed exchange rates
If the economy receives an influx of new workers from immigration,
A) we will move down along the long-run aggregate supply curve. B) we will move up along the long-run aggregate supply curve. C) the long-run aggregate supply curve will shift to the right. D) the long-run aggregate supply curve will shift to the left.
Stock markets transactions involve
A. exclusively in newly issued stocks. B. purchases and sales of previously issued stocks. C. in both newly issued and previously issued stocks, but they do not deal in bonds. D. in large amounts of both newly issued and previously issued stocks and bonds.
About one out of every ________ black children under the age of 18 is poor.
Fill in the blank(s) with the appropriate word(s).