Countries experiencing balance of payments surpluses are usually eager to inflate their economies
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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From the banker's perspective, dollars held as required reserves in bank vaults
A) earn a low rate of interest. B) earn no rate of interest. C) earn a market rate of interest. D) earn profits.
Economics
Which term refers to a legally established minimum price that firms may charge?
A) a tariff B) a price ceiling C) a subsidy D) a price floor
Economics
Market-based management firms do not have structures like headquarters
Indicate whether the statement is true or false
Economics
The marginal propensity to consume is the ratio of a change in consumption to a change in income
Indicate whether the statement is true or false
Economics