Which of the following usually leads to currency appreciation?
a. galloping inflation
b. relatively low interest rates
c. declining real GDP
d. fixed exchange rates
c
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Why do banks create money? Do they create money to help the Federal Reserve control the money supply or is there a more basic reason?
What will be an ideal response?
Refer to above Table 2-1. What is the total amount of leakages?
A) 530 B) 1080 C) 970 D) 550
Refer to the information above. Net investment becomes more unstable if j ________ and v* ________
A) rises, rises B) rises, falls C) falls, rises D) falls, falls
The Constitution helped establish a secure and well-defined system of property rights and rights of persons because it did which of the following?
(a) It established that people could be deprived of property without due process of law. (b) It loosely defined which contracts would be enforced. (c) It permitted bankruptcy without just cause and required government stamp of approval. (d) It let market forces, not government, set prices on the sale of land among private citizens.