When the Fed is pursuing contractionary monetary policy it will tend to depreciate the value of the dollar and hence increase net exports, other things equal
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Critics of inflation targeting will argue that central banks need flexibility
a. True b. False Indicate whether the statement is true or false
Economics
International trade occurs because the ________ cost of producing specific goods differs across countries
a. variable b. fixed c. sunk d. opportunity
Economics
A decrease in marginal tax rates will ________ after-tax profits and ________ more investment.
A. decrease; discourage B. increase; discourage C. decrease; encourage D. increase; encourage
Economics
The time it takes a change in economic policy to induce people and firms to change their behavior is the implementation lag.
Answer the following statement true (T) or false (F)
Economics