Barry Eichengreen (1992) blamed the severity of the worldwide depression from 1929 to 1933 on the countries who abandoned the rules of the gold standard during economic downturns
This abandonment relieved countries from the monetary discipline measures of the gold standard. Indicate whether the statement is true or false
True
Economics
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Which of the following does not increase U.S. aggregate demand?
a. an increase in real wealth b. lower interest rates c. an increase in imports d. a decrease in the exchange rate value of the dollar
Economics
The incidence of a tax refers to
a. who actually collects the tax. b. how frequently the tax is collected. c. who bears the economic burden of the tax. d. how the tax affects prices or wages.
Economics