An import quota is the same as an import ban
Indicate whether the statement is true or false
FALSE
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An appreciation of the U.S. dollar will tend to encourage, other things the same ________
A) the purchase of U.S. goods by foreign economic agents B) the purchase of foreign goods by U.S. economic agents C) the purchase of U.S. goods by U.S. economic agents D) the purchase of U.S. assets by foreign economic agents
The intersection of the marginal prices or wage and marginal factor cost determines the wage in bilateral monopoly.
Answer the following statement true (T) or false (F)
According to the classical economists, if there is a recession, the government should ________.
Fill in the blank(s) with the appropriate word(s).
An open market sale of bonds by the Federal Reserve will lead to an increase of reserves in banks.
Answer the following statement true (T) or false (F)