The $/€ bid rate is the:
a. Inverse of $/€ ask rate
b. Inverse of €/$ ask rate
c. Equal to the €/$ ask rate
d. Equal to the €/$ bid rate
e. Equal to the $/€ ask rate
.B
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___________ has been shown to be a significant stress reliever;
a. Vitamin A b. Greek food c. Exercise d. Chicory
The Reagan tax cut of 1981 was an attempt to: a. stimulate aggregate supply
b. stimulate aggregate demand. c. stabilize the value of the U.S. dollar. d. increase demand for U.S. exports. e. reduce the federal budget deficit.
Keynesian analysis implies that potential output and price stability can be achieved if
a. the federal budget is balanced annually. b. marginal tax rates are kept low so the incentive to produce will be strong. c. aggregate demand is equal to the economy's full-employment rate of output. d. current saving exceeds the level of investment.
Economic takeoff:
A. occurs when development becomes self-sustaining. B. will eventually occur in all developing countries. C. typically occurs in the absence of foreign investment. D. has yet to occur in any developing country.