According to the evidence, the elderly poor were spendthrifts when they were working
Indicate whether the statement is true or false
F
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If world markets change so that the U.S. dollar is no longer the primary reserve currency, the exchange rate value of the dollar would rise
Indicate whether the statement is true or false
The "monetary policy transmission mechanism" connects
A. individual income tax rates to aggregate supply. B. open market purchases to the Fed's balance sheet. C. short-term interest rates to aggregate demand. D. individual income tax rates to aggregate demand.
China is regarded as one of the emerging nations because
A. China has experienced high population growth. B. per capita real GDP is now higher in China than in the United States. C. economic and political freedoms in China are still limited. D. China has experienced high economic growth.
Markets can be missing:
A. because of a lack of accurate information between potential buyers and sellers. B. when the production of a particular good is banned. C. because public policy prevents the market from existing. D. All of these are true.