In response to the overvalued dollar in the early 1970s, the German Bundesbank bought ________ and sold ________ to keep the exchange rate fixed, gaining international reserves
A) marks; dollars
B) marks; pounds
C) dollars; marks
D) dollars; pounds
C
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Which combination of fiscal policy actions would most likely offset each other?
A. An increase in taxes, but no change in government purchases B. A decrease in taxes and an increase in government purchases C. An increase in taxes and an increase in government purchases D. A decrease in government purchases, but no change in taxes
Homer has been saving to buy a new car in five years and expects that the car of his dreams will cost $35,000
If the interest rate is 8 percent per year, how much money should Homer have in his bank account today in order to have enough money to buy the car in 5 years? A) $1,852.28 B) $22,055.94 C) $23,820.41 D) $25,726.04
All of the following are part of the "regulation of health insurance" provision of the Patient Protection and Affordable Care Act (ACA) except
A) limits on the size of deductibles and on waiting periods before coverage takes effect have been eliminated. B) lifetime dollar maximums on coverage are prohibited. C) all policies must provide coverage for dependant children up to age 26. D) individuals with pre-existing medical conditions are able to acquire health insurance.
All of the following are possible characteristics of oligopoly except
a. free entry into the industry. b. significant economies of scale. c. interdependence among sellers. d. homogeneous product.