The purchasing power of money increases as the
A) production increases. B) price level falls.
C) demand increases. D) unemployment decreases.
B
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Using the information in Table 6.2, the inflation rate from 2014 to 2015 is about
A) 26 percent. B) 38 percent. C) 42 percent. D) 49 percent.
Under a fixed exchange rate system, a central bank's intervention in the foreign exchange market will not affect the domestic money supply
Indicate whether the statement is true or false
The reason why estimators have a sampling distribution is that
A) economics is not a precise science. B) individuals respond differently to incentives. C) in real life you typically get to sample many times. D) the values of the explanatory variable and the error term differ across samples.
The Tea Act:
a. raised the price of tea to colonists. b. allowed for more "middlemen" to be involved in the exportation of tea from India to America. c. made tea an "enumerated good" under the Navigation Acts. d. harmed smugglers of Dutch tea.