Many smaller economies of the world have learned that if they do not participate actively in world _________, they will not thrive economically.
a. trade
b. politics
c. wars
d. media
a. trade
You might also like to view...
During a deflationary period,
A) the price level rises. B) the nominal interest rate does not change. C) the nominal interest rate is less than the real interest rate. D) the real interest rate is less than the nominal interest rate.
In events leading to the collapse of the housing bubble, inflated home values created a:
A. wealthier economy, which caused economic growth. B. false sense of wealth, which increased aggregate demand. C. false sense of wealth, which spurred economic growth to decrease. D. wealthier economy, which caused inflation.
Explain how inflation is sometimes beneficial to the society
Parallel markets is another term for:
a. government interventions. b. interbank trades. c. black markets. d. trade in goods and in services