Who would be more likely to study the effects of rent control on housing in New York City, a macroeconomist or a microeconomist?
microeconomist
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If a firm wants to sell bonds in Tokyo to denominated in U.S. dollars
A) they would be selling a form of Eurobonds. B) they would have to sell the bonds in dollars first. C) the bonds could only be sold if the firm opened a Eurocurrency account first. D) their profits would have to be converted to yen.
The purchasing power of money increases when
A) the inflation rate increases. B) there is inflation. C) there is deflation. D) there are more dollars in the economy.
Gross domestic product accurately measures the environmental costs of producing all goods and services.
Answer the following statement true (T) or false (F)
A market exchange rate which has been adjusted for inflation is called a
A) nominal exchange rate. B) foreign market price index. C) real exchange rate. D) domestic exchange factor.