In foreign-exchange markets, reporting dealers trade more foreign exchange with other reporting dealers than with any other category of users.
a. true
b. false
a. true
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The U.S. government budget was
A) continuously in surplus from 1959 to the late 1990s. B) in surplus for most of the period from 1959-1970, but was in deficit for most of the period from 1970 to the late 1990s. C) in deficit for most of the period from 1959-1970, but was in surplus for most of the period from 1970 to the late 1990s. D) continuously in deficit from 1959 to the late 1990s.
Suppose the people of Rhodia spend $70 and save $30 for every $100 they earn. In this case, the marginal propensity to consume equals _____
a. 0.3 b. 0.7 c. 0.5 d. 0.8