Forward linkages are the demands created by new supply capacities
Indicate whether the statement is true or false
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Which of the following can a country increase in the long run by increasing its money growth rate?
a. the nominal wage. b. real output. c. real interest rates. d. the real wage.
The Eurozone announced in 2015 that it will follow actions taken by both the UK and US Central Bank authorities and print additional money to inject funds into the financial system. This is called:
(a) Structural debt reduction. (b) Contractionary fiscal policy. (c) Quantitative Easing. (d) Austerity Measures.
If one euro is equal to 0. 60 U.S. dollars, what would be the euro price of a car that costs $10,000?
A. 16,667 euros. B. 5,000 euros. C. 10,000 euros. D. 60,000 euros.
According to Adam Smith, what is the primary source of a nation's wealth?
A. the amount of gold and silver in the government's possession B. a spirit of cooperation in which people share according to their means C. strong central planning authorities D. the people's ability to produce products and trade in free markets