The dollar will appreciate if interest rates fall in the United States
Indicate whether the statement is true or false
FALSE
You might also like to view...
Any two of these events in questions 1 and 2 occur together? (Draw the diagrams!)
What will be an ideal response?
What method did the U.S. use to fund most of the cost of the Revolutionary War?
a. Increases in taxes b. Increases in the issue of paper money c. Increases in bond sales d. Increases in tariffs
In 1984, the base year, GDP was 3000. In 1988 the GDP deflator was 98. We may conclude that
A. there was some inflation between 1984 and 1988. B. there was some deflation between 1984 and 1988. C. real GDP declined between 1984 and 1988. D. GDP declined between 1984 and 1988.
According to the circular flow model, product markets are where
A. businesses acquire their inputs from households. B. households earn their money incomes. C. businesses incur their consumption expenditures to households. D. businesses earn their revenues from households.