The group of countries more likely to have a high number of telephone lines per 1,000 people is
a. high-income countries
b. zero-income countries
c. infinite-income countries
d. low-income countries
e. middle-income countries
A
You might also like to view...
Debits (negatives) in the current account of the balance of payments accounts include
a. imports of goods. b. exports of services. c. transfers received from other countries. d. purchases of U.S. government bonds by foreigners. e. all of the above.
A situation in which output decreases while prices increase is often referred to as:
A. inflation. B. negative economic growth. C. a recession. D. stagflation.
Selling exports to foreign purchasers, borrowing money from foreign investors, selling assets to foreign investors, and allowing foreign companies to build factories in the United States are all ways to
A. increase a trade deficit. B. achieve a trade balance. C. shift the aggregate demand curve to the right. D. pay for imports.
Answer the following questions true (T) or false (F)
1. The relationship between GDP and the money supply has gotten stronger since the 1980s. 2. The Fed has adopted an interest rate target for most of the time since World War II. 3. Inflation targeting allows monetary policy to focus on inflation and inflation forecasts except during times of severe recession.