The Federal Reserve's buying and selling of bonds through their open market operations is an example of fiscal policy
Indicate whether the statement is true or false
FALSE
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The empirical data indicate that in the short run exchange rates are much more variable than inflation differentials
Indicate whether the statement is true or false
Suppose that the total expenditures for a typical household in 2015 equaled $2,500 per month, while the cost of purchasing exactly the same items in 2017 was $3,000. If 2015 is the base year, the CPI for 2017 equals:
A. 1.00 B. 0.83 C. 1.20 D. 1.25
Countries with low levels of GDP per capita usually also have:
A. mandatory military service. B. highly developed infrastructures. C. low levels of schooling. D. high levels of schooling.
If a senior manager wishes to see her proposal win support, then she should:
A. likely to design a proposal that can be modified easily. B. design a proposal that will yield high returns if successful. C. wait for the CEO to change the organizational architecture. D. wait for the senior management to ask for her proposal.