Higher interest rates in Iceland and the Baltic states in 2008-2009 were necessary to protect the value of their currencies against capital flight
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The slope of the consumption function equals the
a. price elasticity of demand. b. marginal propensity to consume. c. marginal rate of investment. d. marginal propensity to save.
Economics
Consumers can spend their entire disposable income.
Answer the following statement true (T) or false (F)
Economics