The supply of money is easier to control with commodity money than it is with fiat money
Indicate whether the statement is true or false
FALSE
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Why do governments prefer to avoid excessive current account surpluses? Or, why are growing domestic claims to foreign wealth ever a problem?
What will be an ideal response?
What are the key differences in antitrust enforcement in the U.S. and Europe?
A) EU authorities may only impose civil fines B) It is generally easier to show that a firm is dominant under EU law C) EU antitrust investigations are conducted more quickly than in the U.S. D) all of the above
If the multiplier is 6 and exports decrease by $30, what impact will that have on aggregate expenditure? Aggregate expenditure will
a) increase by $30 b) increase by $180 c) decrease by $30 d) decrease by $180
Expected inflation is
A. the inflation rate minus the actual growth rate. B. the inflation rate that governments require from year to year. C. the inflation rate that consumers and businesses expect will hold for some time in the future. D. the inflation rate that is based on GDP growth.