Without free trade, the domestic price of a good must be equal to the world price of a good
a. True
b. False
Indicate whether the statement is true or false
False
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As predicted by the economic growth model, countries that start with lower levels of GDP per capita always grow faster than countries that start with higher levels of GDP per capita
Indicate whether the statement is true or false
The Swiss National Bank established the practice of targeting monetary aggregates in ________
A) 1929 B) 1975 C) 2001 D) 2008
England's American colonies were ultimately more successful than the colonies of other European powers. The reasons for this success include:
a. the realization that successful colonies would provide markets for English goods. b. a focus on establishing permanent settlements. c. the access to land which could be privately owned. d. all of the above.
Distinguish macroeconomics and microeconomics