Problems with collective decision-making and economic inefficiency in government are subjects that are studied in an area of economics called public:

In a simple economy without government or the foreign sector, saving must equal investment because output is divided into consumption and investment, and income is either consumed or saved

Indicate whether the statement is true or false

The People's Bank of China has

A) allowed a flexible exchange rate to boost exports. B) managed its exchange rate to help control inflation. C) strictly followed a fixed exchange rate to boost exports. D) purchased U.S. dollars to appreciate the yuan.