The U.S. dollar is the most important reserve currency in the world
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The economic policy response to the 2001 recession consisted of
A) a rapid change in fiscal policy and monetary policy. B) a sluggish change in fiscal policy and monetary policy. C) a rapid change in fiscal policy and a sluggish change in monetary policy. D) a sluggish change in fiscal policy and a rapid change in monetary policy.
An expansionary monetary policy is always capable of boosting aggregate investment
a. True b. False Indicate whether the statement is true or false
What causes a country to specialize in certain products?
(A) The ability to trade with other nations. (B) The interests of the citizens. (C) The resources of the nation. (D) The money it can earn from producing particular products.
Diminishing marginal returns implies that:
A. marginal costs are decreasing. B. marginal costs are increasing. C. marginal costs are constant. D. marginal costs may be increasing or decreasing.