When households increase their personal savings ________
A) investment decreases
B) they are better able to cope with severe economic downturns
C) interest rates are likely to rise, as well
D) all of the above
E) none of the above
B
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If the Russian ruble depreciates relative to the U.S. dollar, Russian steel becomes more expensive for American firms to purchase.
Answer the following statement true (T) or false (F)
Using supply and demand to model employment discrimination, if women are legally or socially confined to certain professions such as nursing or teaching, then the ________ of workers in these professions is inefficiently ________.
A. demand; low B. supply; high C. demand; high D. supply; low
Special Drawing Rights
A) are granted by the Fed to banks which want to trade in the foreign exchange markets. B) were eliminated when the Bretton Woods system broke down. C) are created by the IMF in its role as lender of last resort. D) were created by the Nixon administration on August 15, 1971.
If buyers expect the price of a good to fall in the near future, we would expect that to cause the current price and the quantity traded to increase as a result
a. True b. False Indicate whether the statement is true or false