As of October 2012, approximately what portion of U.S. currency is held outside of the United States?
A) 1/10
B) 1/3
C) 1/2
D) 2/3
D
You might also like to view...
A mixed economy is one in which
A. a mixture of businesses operates and functions. B. there is a mixture of public influence over government. C. government plays a dominant role, and private markets are minimized in importance. D. government plays a role in the operation of private markets.
If a supply curve shifts rightward along a downward sloping demand curve
a. the quantity supplied will increase b. the quantity supplied will decrease c. it makes no sense to talk about a change in quantity supplied d. the quantity demanded will decrease e. the price will increase
One protection that encouraged entrepreneurs in the U.S. was the enforceability of contracts by the courts
a. True b. False Indicate whether the statement is true or false
According to supply-side economists, lower marginal tax rates will not necessarily lead to lower tax revenues because
A. the lower marginal tax rates will be applied to a growing tax base due to a higher output level. B. the crowding out effect does not apply to taxes. C. the aggregate supply curve will shift inward to the left if the tax rates are lowered. D. lower tax rates have no effect on the opportunity cost of labor.