The idea that central banks should be independent of political pressure is an idea that:
A. is relatively new.
B. every central bank was founded upon.
C. has been around since there were central banks.
D. became quite popular in the early 1900s.
Answer: A
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Flexible exchange rates ________ of monetary policy to stabilize the economy and fixed exchange rates ________ of monetary policy to stabilize the economy.
A. offset the impact; reinforce the impact B. strengthen the ability; prevent the use C. prevent the use; strengthen the ability D. strengthen the impact; strengthen the impact
Double taxation refers to the negative feature of
a. all businesses in the United States b. sole proprietorships c. corporations d. the federal and state tax systems e. partnerships
Briefly describe the business practice of tying
Suppose the U.S. was to experience a series of terrorists' attacks aimed at the electricity grid. This would likely
A. decrease aggregate supply. B. decrease aggregate demand. C. increase aggregate supply. D. increase aggregate demand.