When spending is greater than output, firms will experience falling inventories, and prices of goods and services will rise.
Answer the following statement true (T) or false (F)
True
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An open market ________ by the Fed decreases interest rates and ________ investment
A) sale; decreases B) purchase; decreases C) purchase; increases D) sale; increases
The largest concentration of people in the world (the most people) now is in what region?
a. Africa b. South America c. Asia d. Europe
If a nation abandons its own currency and decides to use another nation's currency as its own circulating currency, this is known as:
a. euro-zoning. b. dollarization. c. a managed float. d. a Western regime.
NAFTA probably helped productivity in Mexico's maquiladora sector, but:
a. trade with China has taken on more importance. b. world competition and the close relationship with the United States may have limited its comeback. c. both governments have reversed some of the tariff reductions. d. Mexico has raised taxes on the maquiladoras, and that has caused international tension.