Jack is traveling to Southeast Asia, Mariko has planned a visit to the Amazon, and Joe has to travel to Seattle for an advertising campaign. In the given scenario, which of the following statements is true?
a. Jack should use credit cards, Mariko should use traveler's checks, and Joe should use cash.
b. Jack should use traveler's checks, Mariko should use credit cards, and Joe should use cash.
c. Jack should use cash, Mariko should use traveler's checks, and Joe should use credit cards.
d. Jack should use traveler's checks, Mariko should use cash, and Joe should use credit cards.
d
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The Balance of Payments
According to Figure 2.5, the United States civilian employment ratio in June 2013 was ________
A) 66.7% B) 43.8% C) 59% D) 64.0% E) none of the above
Procyclical policy:
What will be an ideal response?
To close a recessionary gap, the Fed ________ interest rates which ________ aggregate spending and ________ short-run equilibrium output.
A. raises; decreases; decreases B. raises; decreases; increases C. reduces; increases; increases D. reduces; increases; decreases