When a currency depreciates relative to other currencies as a result of government action, it has been __________.
Fill in the blank(s) with the appropriate word(s).
devalued
Economics
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Keynes blamed economic downturns primarily on
a. the instability of consumption. b. declines in the interest rate. c. poor government management. d. the instability of planned investment.
Economics
What is the term for taxes that governments place on imported goods for a variety of reasons?
a. barriers b. tariffs c. goods taxes d. import taxes
Economics
If the Federal Reserve decreases the rate at which it increases the money supply, then unemployment is higher in
a. the long run and the short run. b. the long run but not the short run. c. the short run but not the long run. d. neither the short run nor the long run.
Economics
When output rises, unemployment also rises.
a. true b. false
Economics