For a typical consumer, most indifference curves are downward sloping
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If portable disk players made in China are imported into the United States, the Chinese manufacturer is paid with
A) dollars. B) yuan, the Chinese currency. C) international monetary credits. D) euros, or any other third currency.
Economics
When the required reserve ratio is 15% and a banks deposits are $100 million, the bank is required to put $1 million into required reserves
a. true b. false
Economics