Foreign aid often becomes a source of discretionary funds that benefit poor people in developing countries and not the countries' leaders
a. True
b. False
B
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If we assume the required reserve rate is ten percent (0.1), and that the public does not change their currency holdings and that banks do not hold any excess reserves, what will be the change in deposits resulting from a $150 million open market purchase by the Fed?
What will be an ideal response?
The problem of political instability has been greatest in which continent?
A. South America B. Europe C. Asia D. Africa
Which of the following is a normative economic statement?
A. The Federal budget deficit rose by 120 billion dollars B. The unemployment rate is expected to fall next month C. A trade surplus of 200 billion dollars should be our policy goal D. The federal funds rate was reduced by half a percentage point
If the price of a 32 GB memory card decreases from $25 to $20, the percentage change is:
A. -20 %. B. -33 %. C. -50 %. D. -60 %.