When a currency is devalued, exporters benefit
Indicate whether the statement is true or false
T
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It has been noted that a country that grants a considerable amount of economic freedom will experience
A) positive rates of per capita income growth. B) low levels of political freedom. C) dead capital. D) negative rates of per capita income growth.
The demand curve shows a(n) ________ relationship between price and quantity and is therefore ________ sloping
A) direct; downward B) direct; upward C) inverse; downward D) inverse; upward
Migration from poor to rich countries hurts poor countries through
a. loss of educated individuals b. residents sending money abroad to migrants c. tightening job markets at home d. opening executive jobs to workers from developed countries e. all of the above
By reducing the required reserve ratio, the Fed can not only create excess reserves but also increase the money multiplier
a. True b. False Indicate whether the statement is true or false