In China: a farmer could not go to work and live in a city without city Hukou
a. True
b. False
A
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When two countries choose to use a new currency, they are
A) participating in a monetary union. B) dollarizing. C) forming an optimal currency area. D) increasing their monetary autonomy.
Apart from the United States, in countries where central bank board members serve fixed terms of office,
A) none have terms as long as fourteen years. B) many serve for life or good behavior. C) all have terms longer than fourteen years. D) the head of the central bank rarely has a term longer than one year.
Following a decline in the inflation rate, once long-term wage contracts are renegotiated and all prices in the economy adjust to their new equilibrium:
a. the economy will move up the short-run Phillips curve. b. the short-run Phillips curve will shift to the left. c. the economy will return to the vertical Phillips curve. d. the aggregate supply curve will shift to the right. e. the aggregate demand curve will shift to the right.
Which does an intention-to-treat parameter measure in a program evaluation study?
A. The effect of participation in the program. B. The effect of the program on those who were eligible but did not participate. C. The effect of being eligible to participate in the program. D. The effect on the probability of participation due to being eligible to participate.