One of the most successful countries in implementing export promotion policies is
A. the United States.
B. China.
C. Germany.
D. Japan.
Answer: D
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If rational expectations are assumed, inflation can be reduced with no corresponding increase in unemployment
a. True b. False Indicate whether the statement is true or false
Suppose the real exchange rate is such that the market for foreign-currency exchange has a surplus. This surplus will lead to
a. an appreciation of the dollar, an increase in U.S. net exports, and so an increase in the quantity of dollars demanded in the foreign exchange market. b. an appreciation of the dollar, a decrease in U.S. net exports, and so a decrease in the quantity of dollars demanded in the foreign exchange market. c. a depreciation of the dollar, an increase in U.S. net exports, and so an increase in the quantity of dollars demanded in the foreign exchange market. d. a depreciation of the dollar, a decrease in U.S. net exports, and so a decrease in the quantity of dollars demanded in the foreign exchange market.
M1 does not include
A. currency. B. travelers' checks. C. MMMFs. D. transaction accounts.
Refer to the information provided in Table 36.3 below to answer the question(s) that follow. Table 36.3 PointAggregate Income (Y)Aggregate Consumption (C) A 15 19 B 30 23 C 45 27 D 60 31 E 75 35 F 90 39The data in the table was used to estimate the following consumption function: C = 20 + 0.2YRefer to Table 36.3. Which of the following points is (are) the worst fit for the given consumption function?
A. A B. D and F C. E D. F