In the market for foreign-currency exchange, the source of the supply of dollars is _________. The supply curve is _________ because _____________
Fill in the blank(s) with correct word
net capital outflow, vertical, net capital outflow does not depend on the exchange rate.
Economics
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The Fed buys $50,000 of government securities from Commerce Bank. The desired reserve ratio is 25 percent. What is the change in Commerce Bank's total reserves and its excess reserves?
What will be an ideal response?
Economics
Convergence of output per capita across countries has come from
A) a convergence of saving rates. B) a convergence of the accumulation of capital. C) higher technological progress from the countries that started behind. D) all of the above
Economics