The greater the social immobility is within a country, the greater the chance that human talent and skills will not go to waste
Indicate whether the statement is true or false
False
You might also like to view...
In conducting monetary policy, how has the Federal Reserve enhanced its credibility?
A) by revealing the Fed's target for the federal funds rate B) by marketing and increased expenditure on advertising C) by not following through with changes it has announced D) by keeping the minutes of the open market committee meetings confidential
Refer to Figure 1-1. Using the information in the figure above, calculate the percentage change in sales of alcoholic beverages between 2012 and 2016
A) 30% B) 50% C) 66.7% D) 100%
The ________ nature of patents attempts to balance the social gain from the product against the ________.
A) temporary; competitive firm's economic profit from the product B) permanent; competitive firm's economic profit from the product C) temporary; deadweight loss to society D) permanent; deadweight loss to society
Answer the following statements true (T) or false (F)
1. Under the gold standard, a nation experiencing chronic trade deficits had to increase its money supply while reducing its holdings of gold. 2. After World War II, most nations adopted some type of fixed or controlled exchange rate system. 3. Under a fixed or controlled exchange rate system, if the United States wanted to increase the value of the dollar, it could buy foreign currencies with dollars. 4. Since World War II, the importance of gold in international exchange has increased. 5. The Bretton Woods system included the idea of fixed exchange rates.