The traditional economics approach questions unbounded rationality and unbounded willpower of people
Indicate whether the statement is true or false
false
Economics
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If the interest rate on a bond is above the equilibrium interest rate, there is an excess ________ for bonds and the bond price will ________
A) demand; rise B) demand; fall C) supply; rise D) supply; fall
Economics
If a panic causes Indian depositors to withdraw their money from Japanese banks, it would cause the Japanese Yen to depreciate, since the supply of Yen has________
a. Not changed b. Decreased c. Increased d. None of the above
Economics
Membership in the Group of Five consists of both developed and developing countries.
Indicate whether the statement is true or false.
Economics
The declining price of oil is deflation
a. true b. false
Economics