World Bank funds are largely acquired through interest earned on the deposits of member nations
a. True
b. False
Indicate whether the statement is true or false
False
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Raising interest rates following the use of unconventional policy tools depend on
A. both the size and composition of the central bank's balance sheet and the toolbox available to the central bank. B. the size and composition of the central bank's balance sheet. C. neither the size and composition of the central bank's balance sheet and the toolbox available to the central bank. D. the toolbox available to the central bank.
Under a system of fixed exchange rates, excess demand by Germans for the Swiss franc represents a potential
A. German balance-of-payments surplus with Switzerland. B. Swiss trade surplus with Germany. C. German balance-of-payments deficit with Switzerland. D. German trade surplus with Switzerland.
Exhibit 10-4 Supply and demand curves for food servers
?
If the equilibrium wage rate in Exhibit 10-4 increased, the cause could be that:
A. the wage increased. B. the marginal product of labor decreased. C. either the demand for labor increased or the supply of labor decreased. D. the price of the product produced by the labor decreased.
If the nominal wage rises from $10 per hour in period 1 to $15 per hour in period 2 as the expected price level rises from 1 to 3 while the actual price level rises from 4 to 5, then from period 1 to period 2:
a. the nominal wage is falling. b. the actual real wage is falling. c. the expected real wage is falling. d. all of the above.