Which of the following is one component of the "trilemma" that is faced by policy makers in choosing monetary arrangements?
A) exchange rate stability
B) restrictions on international capital movements
C) tariffs and subsidies
D) restrictions on the migration of labor
E) global inflation
A
You might also like to view...
In recent years, economists have come to rely more on the establishment survey rather than the household survey to analyze current labor market statistics
Indicate whether the statement is true or false
The term that is used to refer to a situation in which one party to an economic transaction has less information than the other party is
A) asymmetric information. B) inefficient market hypothesis. C) information disparity. D) moral hazard.
An increase in the interest rate is associated with an increase in bond prices
a. True b. False Indicate whether the statement is true or false
Economic analysis indicates that high tax rates will
a. reduce productive activity. b. retard capital formation. c. promote wasteful use of resources. d. all of the above.