Which of the following is not a reason why low-income countries might experience low economic growth?
A) The country has a good education system.
B) The country has a low rate of saving and investment.
C) The country has endured extended periods of war.
D) The country fails to enforce a rule of law.
Answer: A) The country has a good education system.
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If firms are more optimistic that future profits will rise and remain strong for the next few years, then
a. investment spending will fall. b. investment spending will rise. c. investment spending will remain unaffected. d. investment spending will rise and then fall.
In the United States, of the following decades inflation was highest during the ________.,
A) 1970s B) 1990s C) 1960s D) 2000s
The conventional policy tools available to the Fed include each of the following, except the:
A. currency-to-deposit ratio. B. reserve requirement. C. target federal funds rate range. D. discount rate.
In European terms, when the exchange rate for the U.S. dollar increases:
a. the dollar has appreciated. b. the dollar has depreciated. c. the euro has appreciated. d. the dollar has weakened