A rise in the domestic interest rate leads to capital inflows, which make the exchange rate appreciate.
Answer the following statement true (T) or false (F)
True
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Fantastic growing conditions that produce a bumper crop of oranges on each tree this year will definitely make the short run supply of oranges more price elastic
Indicate whether the statement is true or false
Stagflation refers to
a. inflation that rises and falls from year to year. b. increasing output above full-employment levels and thus fueling inflation. c. sluggish production combined with inflation. d. staggered decreases in the money supply designed to lower inflation.
The mathematics of amortization for mortgage loans must utilize the
A. period of time over which the debt will be repaid. B. payment amount. C. interest rate. D. all of the options are correct.
Which of the following is NOT a negative externality?
A. E-mail "spam" consisting of advertisements for goods and services B. Low-flying aircraft creating noise over an otherwise quiet neighborhood C. A household pet leaving waste on a public sidewalk D. A homeowner failing to remove trash from his yard, leaving it as an unsightly eyesore in the neighborhood