Gains from the Single European Act were expected to be from
A) reduction of transactions costs from having a single currency.
B) reduced trade barriers and customs problems.
C) increased competition and economies of scale.
D) harmonization of environmental and labor standards.
C
Economics
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Which of the following is a microeconomic question?
A) Should Congress and the president take action to reduce the unemployment rate? B) Why do some countries have higher economic growth rates than other countries? C) Should companies pay for employees' health insurance? D) Should the Fed attempt to influence the interest rate to control potential inflation?
Economics
Money's ability to store value depends on how fast prices in the economy are increasing
Indicate whether the statement is true or false
Economics