Which countries suffered from too much debt and were forced to ask for monetary help from international organizations?
a. Greece
b. United Kingdom
c. Ireland
d. Both A and C suffered from debt and received aid.
d
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The opportunity cost of holding money is that you
A) forego interest on an alternative asset. B) must make more trips to the bank to manage the money. C) have trouble balancing your check book. D) pay a higher tax rate. E) run a greater risk of being robbed.
The production possibilities frontier shifts as
A) tastes and preferences change. B) the money supply grows or shrinks. C) technology changes. D) the unemployment rate changes.
In the figure above, which movement could be the result of the development of a new, more efficient refining technology?
A) point a to point e B) point a to point b C) point a to point c D) point a to point d
If the exchange rate rises from 100 yen per dollar to 120 yen per dollar, the dollar has appreciated
Indicate whether the statement is true or false