The international agreement that was aimed specifically at ozone depletion is the
a. Kyoto Protocol
b. Montreal Protocol
c. Rio Declaration
d. London Convention 1972
b. Montreal Protocol
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If the Federal Reserve conducts an open market sale, the
A) interest rate will decrease. B) interest rate will increase. C) interest rate will not change. D) money supply is increased.
Exchange rates and banking systems are often the variables through which the contagion effects of a crisis are spread from one country to another
Indicate whether the statement is true or false
Comparative advantage is defined as
A) producing all goods at lower opportunity costs than other countries can. B) producing more output of all goods than anyone else can. C) producing one good at a lower opportunity cost than another country can. D) the ability to produce more output from given inputs than anyone else can.
Speculative demand of money depends on:
a. Income b. Expenditure C. Interest rate d. None of the above.