Suppose that Venezuela experiences significant capital outflows after a recent election. If the nation had flexible exchange rates, these flows would have had the following effect on the financial account and monetary base
a. Financial account would rise and reserves account would fall.
b. Financial account would not change and reserves account would fall.
c. Financial account would not change and reserves account would not change.
d. Financial account would fall and monetary base would not change.
e. Financial account would fall and reserves account would rise.
.D
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One of the strengths of a socialist economy, according to those who advocate such a system, is that government intervention will enable a more equitable distribution of income
a. True b. False Indicate whether the statement is true or false
Technological advances in pollution reduction:
A. reduce the demand for pollution permits. B. increase the demand for pollution permits. C. reduce the supply of pollution permits. D. increase the supply of pollution permits.
An example of a nondurable good is
A. a tablet device. B. the purchase of labor for a business. C. a truck. D. a chicken purchased at a grocery store.
Refer to the information provided in Figure 3.16 below to answer the question(s) that follow.
Figure 3.16Refer to Figure 3.16. When the economy moves from Point B to Point A, there has been
A. an increase in supply and a decrease in quantity demanded. B. a decrease in both supply and demand. C. a decrease in supply and a decrease in quantity demanded. D. a decrease in demand and a decrease in quantity supplied.