Because many European nations have adopted the euro as their common currency, they are ________ able to conduct independent ________ policy.
A. no longer; fiscal
B. increasingly; monetary
C. increasingly; fiscal
D. no longer; monetary
Answer: D
You might also like to view...
Refer to the above table. Suppose the demand for smartphones rises because more people use the Internet with a smartphone. The new equilibrium price will be
A) $200. B) $275. C) more than $275. D) impossible to be determined given the information.
A situation in which output decreases while prices increase is often referred to as:
A. inflation. B. negative economic growth. C. a recession. D. stagflation.
The federal government deficit or surplus
A. is not affected by the level of GDP. B. is not affected by discretionary fiscal policy. C. may be more a symptom of economic distress than a result of intentional fiscal policy. D. should be balanced at all times to prevent business cycles.
Given the data in Table 9.6, if Firm A were to reduce pollution from 100 gallons of wastewater per day to 0 gallons per day, production costs:
A. would increase by $7. B. would decrease by $7. C. would not change. D. cannot be calculated from the information given.