Why is using coins as money easier than using bars of gold?
a. coins are more durable
b. coins are more portable
c. coins are more uniform
d. coins are more limited in supply
Ans: b. coins are more portable
Economics
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An international organization created at the Bretton Woods conference in 1944 that helps coordinate international financial flows and can arrange short-term loans between countries is called the:
A) World Bank. B) International Monetary Fund. C) U.S. Treasury. D) U.S. Agency for International Development.
Economics
The unemployment rate in the United States increased from 5% in December 2007 to 9.9% in December 2009
Was this almost doubling of the unemployment rate due to cyclical, frictional, or structural reasons, and did the increase in unemployment change the natural rate of unemployment?
Economics