The EU currently is a preferential trade agreement with no governmental institutions
Indicate whether the statement is true or false
FALSE
Explanation: Indeed, it, more than any other similar agreement, has developed a complete government with three branches.
You might also like to view...
Which of the following is not a function of the Fed?
A) to provide check-clearing services B) to hold depository institutions' reserves C) to serve as the government's banker D) to serve as the borrower of last resort E) none of the above
If the real interest rate is 6 percent and the price level is falling at a rate of 2 percent, what is the nominal interest rate?
a. 4 percent b. 6 percent c. 8 percent d. 10 percent
It is spring, and several graduates of State U are seeking employment. State U graduates have evenly distributed GPAs, from 2.0 to 4.0, with an average GPA of 3.0. The largest employer in town, Acme Dynamite, is interviewing candidates, hoping to hire a few hard workers. While Acme does not require students to submit a transcript with their applications, the hiring officer believes that high GPAs signal a willingness to work hard. Suppose that all State U students have the same academic ability when they enter college and do not learn anything in college that will be useful to them while working at Acme. Students differ only in their willingness to work hard and study for their classes. In this case:
A. Acme will not care about a student's GPAs because all students enter college with the same academic ability. B. Acme will not care about a student's GPAs because the students at State U don't learn anything useful in their classes. C. Acme will use a student's GPA as a signal of the student's willingness to work hard. D. there is no benefit to studying hard in college.
(The following national income data for an economy are in billions of dollars.)
Refer to the above data. The expenditures approach to GDP calculation can be done by adding:
A.
1 through 7
B.
2 through 7
C.
8 through 11
D.
8 through 13