An excess demand for euros will cause a depreciation of the euro.
Answer the following statement true (T) or false (F)
False
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Which of the following is a likely cause of declining union membership in the U.S.?
a. An increase in competition from foreign producers b. The annual increase in minimum wage rates c. The shift from service jobs to manufacturing jobs d. A decline in the number of government jobs
Economies of scope has to do with lowering production costs by increasing the quantity of a product produced, whereas economies of scale has to do with lowering production costs by producing several products within the same firm
Indicate whether the statement is true or false
The IS curve shows the combinations of output and the real interest rate for which
A) the goods market is in equilibrium. B) the labor market is in equilibrium. C) the financial asset market is in equilibrium. D) an increase in output will cause the market-clearing interest rate to be bid up.
To promote an economic expansion and an exit from the deflationary environment that the Japanese had been experiencing for the past fifteen years, the "Abenomics" aims at
A) increasing inflation target. B) increasing inflation expectations. C) purchasing long-term bonds. D) all of the above. E) none of the above.