A movement along the supply curve is caused by a change in a good's own price.
Answer the following statement true (T) or false (F)
True
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How and why did Europe set up its single currency?
What will be an ideal response?
Evidence suggests that a liquidity trap is possible when
A) real interest rates are at zero. B) real interest rates are at or just above zero. C) nominal interest rates are at zero. D) nominal interest rates are at or just above zero.
When saving is negative, the value of the marginal propensity to save is negative
Indicate whether the statement is true or false
Which of the following developments encouraged globalization of markets during the 1990s?
A. Numerous bilateral and multilateral trade agreements were reached. B. The ability to buy and sell goods on the Internet was increased. C. Eleven European countries began using the "euro" as a common currency. D. both a and c E. all of the above