A nation joining a currency union must subject itself to the ______ policies of the union, which may or may not conform to its own objectives or economic or political values.
A) fiscal
B) economic
C) monetary
D) accounting
Ans: C) monetary
Economics
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A) the government by decreasing its revenue. B) domestic producers who can't compete with cheaper imports. C) consumers who pay more for the imported good. D) All of the above answers are correct.
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Technology spillovers are examples of negative externalities
a. True b. False Indicate whether the statement is true or false
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Hyperinflation in the US is caused mostly by
a. excessive money supply growth b. Contractionary monetary policy c. a "weak" or depreciated dollar d. US trade barriers, such as tariffs and import quotas
Economics
For a firm in a perfectly competitive industry, which of the following is TRUE?
A) MR = P B) MR < P C) AVC = ATC D) MR > P
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