When Germany increased fiscal spending and raised interest rates in the early 1990s,

A) economic growth increased throughout Europe.
B) other countries were forced to raise interest rates to stay in the ERM.
C) it was unsuccessful in supporting East Germany.
D) it forced other countries to devalue their currencies.


B

Economics

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Since the early 1980s, the real exchange rate between U.S. goods and Japanese goods has climbed, relative to the nominal exchange rate (yen/U.S. dollar). What does this imply about economic conditions in the two countries?

What will be an ideal response?

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Most income transfer programs in the United States

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Economics

It is only among the least skilled and least experienced members of the labor force that minimum-wage laws cause unemployment

a. True b. False Indicate whether the statement is true or false

Economics