The limited savings of the poor is evidence of the flawed character of the poor
Indicate whether the statement is true or false
F
You might also like to view...
If Y>C+I+G but Md= Ms, then
a. interest rates must rise and output must fall. b. both interest rates and output must fall. c. interest rates must fall and output must rise. d. both interest rates and output must rise. e. none of the above.
Fiscal policy involves discretionary changes in
A) interest rates. B) exchange rates. C) income tax rates. D) the rate of growth of the quantity of money in circulation.
Which of the following statements about the velocity of money in the U.S. is correct? a. From 1915 to 1947, the velocity of M1 increased
b. From 1947 to 1973, the velocity of M1 decreased. c. The growth in the velocity of money was steady in the 1970s. d. The velocity of money has remained more or less stable post 1980s. e. ATM machines and credit cards have increased the velocity of money.
Which of the following exchange rate systems is advisable for a country that would like to have greater exchange rate stability but also would like to have the its exchange rate change gradually over time as its prices relative to other countries change?
a. Crawling peg b. Fixed exchange rates c. Managed float d. Fixed rates within bands