Monetary policy is only effective in a country with floating exchange rates when capital is highly mobile.
Answer the following statement true (T) or false (F)
False
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Suppose that a curve has a slope equal to zero at some point A. To the right of A, the curve may
A. have a positive slope. B. have a negative slope. C. be a straight line. D. All of these responses are correct.
Which of the following variables can be used to measure labor productivity?
A) real GDP B) number of labor hours C) number of workers D) all of the above
In the year 2008, nearly half of all privately held federal debt was held by foreign investors.
A. True B. False C. Uncertain
Average total cost equals
a. change in total costs divided by quantity produced. b. change in total costs divided by change in quantity produced. c. (fixed costs + variable costs) divided by quantity produced. d. (fixed costs + variable costs) divided by change in quantity produced.