Complete Milton Friedman's famous proposition: "Inflation is always and everywhere a ________ phenomenon."
A) monetary
B) political
C) policy
D) budgetary
A
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Variable spending arising as part of the operation and maintenance of abatement processes is known as
a. capital costs b. operating costs c. fixed costs d. implicit costs
Your roommate is having trouble grasping how monetary policy works. Which of the following explanations could you use to correctly describe the mechanism by which the Fed can affect the economy through monetary policy? Increasing the money supply
A) causes people to spend more because they know prices will rise in the future. B) lowers the interest rate, raises the value of the dollar, lowers the prices of exports, and raises net exports. C) lowers the interest rate, and firms increase investment spending. D) raises the interest rate and consumers decrease spending on durable goods.
When a Country A's overall balance is positive:
a. The Overall balance cannot be positive. It must be zero. b. Country A's central bank is buying the domestic currency in the foreign exchange market. c. Country A's central bank is buying foreign currencies in the foreign exchange market. d. Country A is losing reserve assets.
In 2008, about ____% of all American children under 6 in a family headed by a female lived in poverty.
A. 25 B. 32 C. 44 D. 53