Class discrimination and racial discrimination are identical and involve identical groups of people
Indicate whether the statement is true or false
F
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The level of reserves in the banking system is determined by
A) the Federal Open Market Committee. B) the Treasury Department. C) bond dealers. D) the American Banking Association.
Export subsidies lead to lower prices of exportables for both domestic residents and foreigners
Indicate whether the statement is true or false
Economists believe that as a saver's wealth increases, the saver will generally
A) increase his or her holdings of all assets proportionately. B) increase the fraction of wealth held as cash. C) increase the fraction of wealth held as common stock. D) decrease the fraction held as corporate bonds.
Dividing the index of import prices by the index of export prices and multiplying by 100 generates a country's terms of trade
Indicate whether the statement is true or false