Upon acquiring a complement the inter-relatedness of demand leads to, MR________
a. Rising
b. Falling
c. Staying constant
d. None of the above
a
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Which of the following had prompted the Chinese authorities to stand ready to buy or sell dollars steadily and in large volume?
a. Huge current account deficit b. Currency pegged to the dollar c. Floating rate policy d. Adherence to the old gold standard
You hear an economist state the following: "The increase in the money supply will causes price to rise in the long run and will have no effect on output or any other real factors.". This economist is expressing the principle of _____
Fill in the blank(s) with correct word
When in France you notice that prices are posted in euros, this best illustrates money's function as
a. a store of value. b. a medium of exchange. c. a unit of account. d. a method of barter.
The most frequently used monetary policy tool is
A) buying or selling government securities in the open market. B) raising or lowering tax rates. C) changing the discount rate. D) changing reserve requirements.