Exchange rates and banking systems are often the variables through which the contagion effects of a crisis are spread from one country to another
Indicate whether the statement is true or false
TRUE
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The situation where movers are less capable and less motivated than similarly educated people who don't migrate is called:
A. Backflow B. Brain drain C. Reverse migration D. Negative self-selection
Why was a fixed price of $50 not the best way of allocating used laptops? Suggest other possible ways of distributing the laptops that would be efficient
What will be an ideal response?
For this question, assume that policy makers are pursuing a fixed exchange rate regime. Now suppose that an increase in stock market wealth causes an increase in consumption. Which of the following will tend to occur in a fixed exchange rate regime?
A) an increase in Y B) an increase in the money supply C) no change in the domestic interest rate D) all of the above
The current Medicare system is designed so that it actually encourages
A. lower drug costs for recipients. B. cost reductions. C. higher costs of medical services. D. higher costs only for preventive medical checkups.