Generally, which of the following is the most common reason why countries that experienced a financial crisis could not maintain their fixed exchange rate?
a. They were exporting too many commodities.
b. The rates they had established were not in accordance with directives from the IMF.
c. The exchange rate parities established were inconsistent with their corresponding macroeconomic policies.
d. The general public refused to participate.
e. The parities established made their currencies undervalued.
c
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If the Federal Reserve System buys government securities from commercial banks and the public, then ________.
A. the money supply will contract B. commercial bank reserves will decline C. commercial bank reserves will be unaffected D. it will be easier to obtain loans at commercial banks
Describe four forms of affirmative action
What will be an ideal response?
Under a monopoly, resources are misallocated such that
A) too few resources are used in other industries, and too many are used by the monopoly. B) too few resources are used by the monopoly, and too many are used elsewhere. C) resources are being used as efficiently as possible only by the monopoly. D) consumers are being forced to pay a price below the MC of the monopolist.
If a female supervisor is discriminated against by one of her workers who refuses to cooperate, she may earn lower wages
a. True b. False Indicate whether the statement is true or false