Budget deficits cause interest rates to be high
a. True
b. False
B
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The amount of unemployment varies
a. little over time and across countries. b. little over time but substantially across countries. c. substantially over time but little across countries. d. substantially over time and across countries.
The short-run can be described as:
(a) Less than one year. (b) Period of time over which at least one factor of production is fixed. (c) Period of time over which all factors of production are variable. (d) Either one year or one month dependent upon the industry.
?For 2.5% significance level, the asymptotic critical value for cointegration test with linear time trend is -3.59.
Answer the following statement true (T) or false (F)
Which of the following has exchange rates permanently fixed between countries and a single monetary authority that conducts a single monetary policy for all member countries?
A. A currency board B. A monetary union C. A special economic zone D. A common market