The large budget deficits of the early 1990s resulted in large current account deficits

Indicate whether the statement is true or false

FALSE

Economics

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Which of the following is a positive economic statement?

A) People should not buy imported fruits and vegetables.
B) The government should subsidize solar power for homeowners.
C) The minimum wage law causes unemployment.
D) The number of work visas should not be limited by the government.

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Economics

If the Federal Reserve conducts open market purchases, the money supply ________, shifting the LM curve to the ________, everything else held constant

A) decreases; right B) decreases; left C) increases; right D) increases; left

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Economics

Sellers in a geographically centralized market have higher transaction costs compared to those in a decentralized market

Indicate whether the statement is true or false

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Economics

Historical note: The IMF was formed in

a. 1790 b. 1812 c. 1890 d. 1944 e. 1974

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Economics