An exchange rate system in which governments try to keep currency values from fluctuating against one another is a fixed exchange rate system
Indicate whether the statement is true or false
TRUE
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The interest rate on secondary credit is set ________ basis points ________ the primary credit rate
A) 100; above B) 100; below C) 50; above D) 50; below
Which of the following is an intermediate good?
A. Tomatoes grown in your garden that you use to make salsa. B. Tomatoes you buy at a local farmer's stand that you use to make salsa. C. Tomatoes sold in the grocery store that you use to make salsa. D. Tomatoes sold to a factory and used in the production of spaghetti sauce.
Exhibit 6-1 Business cycle
In Exhibit 6-1, point E represents:
A. recession and a trough. B. peak and a trough. C. recession and a peak. D. recovery and a peak.
Which of the following would shift the aggregate demand curve to the left?
A. an increase in taxes B. an increase in government spending C. an increase in the money supply D. an increase in exports