Overvalued exchange rates were a persistent problem under ISI policies. In part, this was a deliberate policy in order to
A) increase imports.
B) discourage exports.
C) help targeted industries sell their exports.
D) help targeted industries buy imports.
E) increase the competition for targeted industries.
D
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"Because the nominal interest rate is the opportunity cost of holding money, the supply curve of money slopes downward." Is the previous statement correct or incorrect?
What will be an ideal response?
Insurance companies create wealth by
a. reducing the amount of risk that the risk averse must bear b. reducing the amount of risk that risk lovers must bear c. increasing the amount of risk that the risk averse must bear d. increasing the amount of risk that risk lovers must bear
In an uncontrolled or unregulated system commercial bank lending will tend to intensify the business cycle.
Answer the following statement true (T) or false (F)
In order for a production possibilities curve to shift to the right, which of the following must occur?
A. government involvement B. increasing consumer wants C. reductions in the supply of resources D. economic growth