What is a bond buyer promised when she buys a bond?
Future payments.
Economics
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What causes capital and labor shares of gross domestic product to remain consistent over the years?
What will be an ideal response?
Economics
Economic experience since 1973 indicate that, under floating exchange rates
A) large and persistent departures from external balance were not prevented. B) large and persistent departures from external balance were prevented. C) changes in exchange rates failed to act as automatic stabilizers. D) reduced monetary policy autonomy. E) monetary policy autonomy was protected.
Economics