If 1 British pound was equal to $2 in 2005 and $1.75 in 2008, it indicates that the pound appreciated against the dollar in 2008
a. True
b. False
Indicate whether the statement is true or false
False
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_________ is the Japanese word meaning death from over work
a. Karoshi b. Tora c. Samauri d. Santori
According to the rational expectations theory
A. anticipation of inflation can cause deflation. B. anticipation of inflation actually causes inflation. C. inflation rates are unrelated to unemployment rates. D. the economic understanding of workers and managers is incomplete, making it unlikely that their inflationary expectations will influence the economy.
If Fredonia has a closed economy, it ________ with other countries.
A. trades B. does not negotiate C. prevents its citizens from traveling to other countries but trades D. does not trade
In 2014, prescription drugs accounted for approximately ________ of total health care spending.
A. 25% B. 50% C. 10% D. 2.5%