Which of the following was sanctioned by the Zimbabwe government in January 2009 as a substitute currency?

a. Japanese yen
b. Chinese yuan
c. Mexican peso
d. U.S. dollars
e. Argentine peso


d

Economics

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The self-correcting tendency of the economy means that falling inflation eventually eliminates:

A. exogenous spending. B. recessionary gaps. C. expansionary gaps. D. unemployment.

Economics

Under a negative income tax system, people can make payments to or receive them from the IRS

a. True b. False Indicate whether the statement is true or false

Economics

If incomes are rising, in the market for an inferior good,

a. its price will rise and the quantity exchanged will rise. b. its price will rise and the quantity exchanged will fall. c. its price will fall and the quantity exchanged will rise. d. its price will fall and the quantity exchanged will fall.

Economics

Which of the following is an example of a highly organized market?

a. the market for textbooks b. the market for spa services c. the market for soybeans d. the market for ice cream

Economics