A country with strong international ties has:
A. more flexibility in its monetary and fiscal policy.
B. less flexibility in its monetary and fiscal policy.
C. more flexibility in its exchange rate policy.
D. less flexibility in its exchange rate policy.
Answer: B
You might also like to view...
Unemployment insurance cannot eliminate the national costs of lost output due to unemployed labor.
Answer the following statement true (T) or false (F)
If consumption of a good by one person imposes costs on a party other than the producer,
a. the consumption creates a positive externality b. the good is a public good c. the consumption creates a negative externality d. too little of the good is produced from society's point of view e. the market will correct the problem if left alone
The law of diminishing marginal returns implies that, in the short run:
A. output must fall beyond a certain point. B. price must fall beyond a certain point. C. the marginal product of the variable input must eventually decrease. D. wages of workers must eventually increase.
Refer to the given data. If this firm can hire as few or many workers as it wants at $8, it is:
A. hiring labor in a monopsony labor market.
B. hiring labor in a purely competitive labor market.
C. selling its product in a monopolized product market.
D. selling its product in a purely competitive product market.