Index funds are financial intermediaries, but municipal bonds are not
a. True
b. False
Indicate whether the statement is true or false
True
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The unemployment rate is defined as: a. unemployed workers plus discouraged workers, divided by the total population over the age of sixteen. b. part-time workers plus full-time workers, divided by the total population over the age of sixteen
c. the percentage of the labor force that is unemployed. d. the percentage of the population over the age of sixteen that is unemployed.
Which of the following exchange rate policies was undertaken by the Chinese government in 1994?
A. A free-floating exchange rate regime was adopted. B. The Chinese yuan was revalued against the U.S. dollar. C. The Chinese yuan was revalued against the euro. D. The Chinese yuan was pegged to the U.S. dollar.