Since 1994, trade rules have been enforced by
A) the WTO.
B) the G10.
C) the GATT.
D) The U.S. Congress.
E) the European Union.
A
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Insurance companies reduce risk exposure in exchange for a portion of their insurance premiums by obtaining
A) government loan guarantees. B) federal insurance. C) reinsurance. D) bankers acceptances.
If an inflation forecast is based on expected monetary growth, it is likely to be
A) historical. B) rational. C) logical. D) adaptive.
Clint puts $200 into an account when the interest rate is 8 percent. Later he checks his balance and finds that he has a balance of about $272.10 . How many years did Clint wait to check his balance?
a. 3 years b. 3.5 years c. 4 years d. 4.5 years
The view that excessive growth of the money supply over long periods leads to inflation:
A. is accepted by the monetarists but not by mainstream macroeconomists. B. is the main contribution of the rational expectations theory. C. had been absorbed into the mainstream of macroeconomics. D. is known as the monetary rule.