According to the Aggregate Demand Aggregate Supply diagram, short-term, an anti-inflation policy creates:
A. higher output.
B. higher unemployment
C. lower inflation.
D. higher inflation.
Answer: B
Economics
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Refer to the figure above. If the government of China wants to keep the exchange rate below E yuan per dollar:
A) it will have to buy dollar and sell yuan. B) it will have to buy yuan and sell dollars. C) it will have to buy both dollars and yuan. D) it will have to sell both dollars and yuan.
Economics
Estate and gift taxes account for a very small portion of total tax revenues collected by the federal government because taxes are levied only on large estates
Indicate whether the statement is true or false
Economics