A strong U.S. dollar is one that has:
a. c and e.
b. d and e.
c. depreciated.
d. appreciated.
e. helped U.S. exporters.
d
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The value of intermediate goods is excluded from the measurement of GDP in order to:
A. adjust for inflation. B. index economic activity. C. avoid double counting. D. measure GDP in constant prices.
Which of the following groups within the Federal Reserve System is primarily concerned with public relations?
A) The Federal Open Market Committee B) The Federal Advisory Council C) The Federal Reserve Bank presidents D) The Board of Governors
Input and output markets operate independently and thus should be analyzed as separate entities.
Answer the following statement true (T) or false (F)
Which of the following macroeconomic variables is procyclical and coincident with the business cycle?
A) Residential investment B) Nominal interest rates C) Industrial production D) Unemployment