How is the IMF funded?
What will be an ideal response?
It collects fees called quotas from it members.
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The percent by which import prices rise when the home currency depreciates by 1% is the degree of
A) pass-forward from exchange rates to import prices. B) pass-through from exchange rates to import prices. C) pass-on from exchange rates to import prices. D) roll-forward from exchange rates to import prices. E) pass-beyond from exchange rates to import prices.
The optimal bidding strategy for an oral auction is
a. To shade your bid below your true value and drop out well before it is reached b. To shade your bid below your true value and drop out just when the shaded amount is reached c. To drop out when the bidding exceeds your true value d. To size up your competition to determine how much to shade your bid
Changes in labor productivity, changes in the quality of labor, and changes in the price of labor are three factors that explain why labor costs eventually
a. increase at a decreasing rate b. increase at an increasing rate c. decrease at an increasing rate d. decrease at a decreasing rate e. become constant
In the expectations-augmented Phillips curve, ? = ?e - 3(u - 0.05). The natural unemployment rate is
A. 0.02. B. 0.03. C. 0.06. D. 0.18.