A rise in bond prices would cause the price of a dollar to rise.
a. true
b. false
Ans: b. false
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Which of the following is a positive economic statement?
A) The standard of living in the United States should be higher. B) The U.S. government should not have bailed out U.S. auto manufacturers. C) If the price of iPhones falls, a larger quantity of iPhones will be purchased. D) The government should revamp the health care system.
The theory of liquidity preference is largely at odds with the basic ideas of supply and demand
a. True b. False Indicate whether the statement is true or false
By 2013, how many European countries were members of the European Union?
A) 12 B) 15 C) 27 D) 57
What is the main difference between classical economists' ideas about economic growth versus what modern evidence suggests?
What will be an ideal response?