The so-called "negative taxes" are better known as:

Would the Federal Reserve respond more aggressively with interest rate cuts in a recession caused by a decrease in spending, as in the 2001 recession, than in a recession caused by an increase in oil prices, as in the 1974-75 recession?

What will be an ideal response?

An adjustment of central parities in the EMS is called a

A) realignment. B) nominal appreciation or nominal depreciation. C) real appreciation or real depreciation. D) re-coupling. E) re-paritization.