Under a gold standard, a balance of payments surplus automatically
a. raised interest rates.
b. increased exports.
c. increased domestic prices.
d. decreased imports.
c
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Because the government has so much money, and can print more, it does not need to borrow and therefore rarely pays net interest on debt
Indicate whether the statement is true or false
If desired saving increases in a small open economy, net exports (net capital outflow) rise. What happens to net exports if desired saving rises in most of the world's economies at the same time?
What will be an ideal response?
Which of the following is NOT a restriction the government imposes to keep potential entrants out of a market?
A. licensing of exclusive ownership of such a vital resources B. subsidizing imported goods C. compliance with government safety regulations D. certificate of convenience
The first stage in the regulatory process is
A) a crisis. B) response by the financial system. C) regulation. D) regulatory response.