A country undertakes a devaluation in order to:
A. increase its net exports.
B. decrease its net exports.
C. raise the value at which its currency is pegged.
D. move to a flexible exchange rate system.
Answer: A
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If the economy falls into a recession, automatic stabilizers will cause
A. tax receipts to rise and government spending to fall. B. tax receipts to fall and government spending to rise. C. both tax receipts and government spending to rise. D. both tax receipts and government spending to fall.
The effectiveness of the Family Support Act of 1988 was enhanced by generous funding
Indicate whether the statement is true or false
The people who sit on the Federal Reserve Open Market Committee are ____________.
Fill in the blank(s) with the appropriate word(s).
From the viewpoint of potential criminals, the probability of being fined or imprisoned:
A. Raises the marginal utility of criminal behavior B. Lowers the marginal utility of criminal behavior C. Raises the marginal cost or "price" of criminal behavior D. Lowers the marginal cost or "price" of criminal behavior