The evidence is that central bank decision makers
A. should be independent of and insulated from political pressures.
B. are corrupt.
C. should have Congress dictate their actions to them.
D. should be elected.
Answer: A
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The market supply curve is found by
A) horizontally summing all individual supply curves. B) vertically summing all individual supply curves. C) Either A or B above since they both give the same answer. D) None of the above.
Give two conditions that are important to the efficient market theory. List one implication of the efficient market theory
Refer to the consumption schedule above. If disposable income is $42,000, then saving is:
a. $4,000 b. $2,000 c. $0 d. $6,000
"When the balance of payments sums to zero is the only situation in which there is an equilibrium." Do you agree or disagree? Why?
What will be an ideal response?