In general, speculators tend to make a floating exchange rate system more stable
a. True
b. False
Indicate whether the statement is true or false
True
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What would happen to an economy if the government funded an increase in spending with an equivalent increase in taxes?
What will be an ideal response?
All points on an indifference curve represent combinations of two goods that are equally desirable to the consumer.
Answer the following statement true (T) or false (F)
The Trans-Pacific Partnership (TPP) is an agreement between the United States and ________ that was meant to reduce trade barriers
A) South America B) the European Union C) China D) eleven other countries
Which of following policies of the Congress was aimed to place the Fed above politics and maintain continuity in the policymaking process?
a. The President elects the entire Board of Governors. b. The Federal Reserve district banks elects the Board of Governors. c. The Congress elects a board member every five years. d. One board member's term expires every second year. e. Only bankers are allowed to be appointed as board members.