The paper currencies of the U.S. are also called
A. U.S. government notes.
B. Federal Reserve notes.
C. Treasury bills.
D. Treasury bonds.
Answer: B
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The field of political economy
a. casts aside most of the standard methods of economic analysis. b. is also referred to as the field of public choice. c. is also referred to as the field of macroeconomics. d. produces the conclusion that democratic principles rarely lead to desirable economic outcomes.
Which of the following exchange rates between the dollar and the peso would a Mexican buyer of American goods most prefer?
A) $0.10 = 1 peso B) $0.08 = 1 peso C) $0.06 = 1 peso D) $0.04 = 1 peso
M1 = 1,000 Small denomination time deposits = 1,500 Savings deposit = 1,800 Money market mutual funds = 300 Large denomination time deposits = 800 How much is M3?
What will be an ideal response?
Referring to Figure 18.2, the dollar is likely to depreciate if the exchange rate is either ________ or ________ pesos to the dollar.
A. 10; 11 B. 11; 12 C. 12; 13 D. 13; 14