The dollar will depreciate against the euro when the European Central Bank raises interest rates
Indicate whether the statement is true or false
TRUE
You might also like to view...
Holding all other things constant, when the price level rises, interest rates:
a. rise and firms want to borrow more for new plants and equipment and households want to borrow less for homebuilding. b. rise and firms will want to borrow less for new plants and equipment and households will want to borrow less for homebuilding. c. fall and firms want to borrow more for new plants and equipment and households want to borrow more for homebuilding. d. all of the above
Which of the following is NOT used in the video as an example of the kind of shock that causes structural unemployment?
A. The rapid rise of the Internet B. The Financial Crisis of 2008 C. The opening of trade with China in the 1990s D. The 1970s oil price shock
A firm that can determine the price-output combination in order to maximize profit is known as a
A) price searcher. B) price taker. C) demand searcher. D) cost taker.
Suppose the price level increases and real GDP remains the same. Then
A) nominal GDP must decrease. B) nominal GDP must remain unchanged. C) nominal GDP must increase. D) none of the above are true.