Between 1958 and 2000 . competition in the US has remained relatively constant
a. True
b. False
B
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Discount rates are __________ every two weeks by the directors of each regional Federal Reserve Bank but are __________ by the Board of Governors
A) determined; established B) established; determined C) recommended; established D) determined; recommended
When there is an inflationary gap: a. Employment exceeds full employment
b. Employment equals full employment. c. Employment is less than full employment. d. Any of the above is possible.
After being introduced in 1999, the euro
a. increased in value through 2008. b. decreased in value through 2008. c. increased in value through 2000 but then decreased in value through 2008. d. decreased in value through 2000 but then increased in value through 2008.
Define the following terms and explain their importance to the study of macroeconomics. a. Exchange rate b. Depreciation c. Devaluation d. Fixed exchange rates
What will be an ideal response?