Adjusted for risk, interest rate parity
A) holds only for larger countries.
B) holds only between the U.S. and Canada.
C) holds only when purchasing parity holds.
D) always holds.
D
Economics
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If the government cuts taxes ________
A) disposable income falls B) planned expenditures rise C) the IS curve shifts to the left D) all of the above E) none of the above
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In the simple circular-flow diagram, who buys the factors of production?
a. households only b. firms only c. both households and firms d. neither households nor firms
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