The country with the lowest degree of central bank independence in the period 1973-88 was ________
A) Germany
B) Japan
C) The United States
D) Spain
D
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Based on this figure, if an exchange rate of $0.09 dollars per Norwegian krone is maintained, the Norwegian government will gain (in dollar) ________ worth of international reserves per period. 
A. 495 B. 5,500 C. 220 D. 605
In the above figure, income is $8, the price of a soft drink is $1, and the initial price of a milkshake is $2. If the price of a milkshake decreases to $1, the substitution effect is the movement from point ________ to point ________
A) a; b B) b; d C) b; c D) a; c
A personal exemption refers to
A) an amount representing basic living expenses that can be subtracted from income. B) the tax bracket that represents basic living expenses. C) the tax rate that applies to a particular tax bracket. D) a dispensation that allows certain qualifying individuals not to pay federal taxes.
Which of the following provides fiscal stimulus to the economy?
A. Higher interest rates B. Increased imports C. More efficient employment of resources D. Increased government purchases