In today's world, many countries impose tariffs

A) only on imports.
B) only on exports.
C) on both imports and exports.
D) on imports, exports, and nontraded goods.

C

Economics

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"Inflation acts as a tax because the government gains purchasing power." Is the previous statement correct or incorrect?

What will be an ideal response?

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A Fed purchase of gold, SDRs, a deposit denominated in a foreign currency or any other asset is just an open market ________ of these assets, ________ the monetary base

A) purchase; raising B) sale; raising C) purchase; lowering D) sale; lowering

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