The current empirical evidence indicates that
a. changes in the earth's cloud cover will clearly enhance the warming effects of carbon dioxide.
b. the increase in carbon dioxide, over thousands of years, is definitely the cause of global warming.
c. if global warming continues as most models predict, then in the next 100 years the sea levels clearly will rise by more than 10 feet.
d. none of the above is true.
D
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Looking at the U.S. balance of payments for the last two decades, how have the current account and the capital account changed?
What will be an ideal response?
________ keeps the exchange rate fixed in the short run but then adjusts its value at regular intervals to account for supply and demand pressures
A) The European Monetary System B) A managed floating C) A crawling peg D) A crawling float
A negative slope
A) represents an inverse relationship, such as beers consumed and test score. B) represents a direct relationship, such as snow fall and car accidents. C) indicates that there is no relationship between two variables, such as women's wages and likelihood of sunshine. D) means that the line crosses below the x-axis.
Monetary policy is one of the two main macroeconomic tools governments use to control the aggregate economy. The other is:
A. trade policy. B. foreign policy. C. immigration policy. D. fiscal policy.