If the Japanese central bank sells yen and buys U.S. dollars, the U.S. dollar will appreciate
Indicate whether the statement is true or false
TRUE
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The textbook authors claim
A) diabetics don't need insulin. B) diabetics don't want insulin. C) diabetics face no substitutes for insulin. D) diabetics can't find insulin at a fair price. E) none of the above.
Aggregate demand (AD)
What will be an ideal response?
Libertarians believe that
a. the government should choose just policies as evaluated by an impartial observer behind a "veil of ignorance.". b. the government should aim to maximize the well-being of the worst-off person in society. c. everyone in society should have equal utility. d. the government should not redistribute income.
Which of the following is an example of fiscal tightening? # randomize
A. Business spending more because they are more optimistic about the economy B. Consumers spending more because they expect high income in future C. Foreigners buying more local goods because of higher income D. Government reducing the size of its deficit E. Central bank raising interest rates to fight inflation