Eurobank activities cannot have any influence on domestic monetary practice since Eurodollars do not provide a means of payment

Indicate whether the statement is true or false

FALSE

Economics

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While you were an intern you bought 5 packages of hot dogs a month. After acquiring a full-time job with a considerably higher salary, you stopped purchasing hot dogs. For you, hot dogs are a

a. Complementary good b. Normal good c. Inferior good d. Substitute good

Economics

Which of the following is not an example of microfinance?

A. A loan to a small restaurant owner to buy a refrigerator. B. A loan to a woman to buy a sewing machine to make clothes to sell. C. A loan to a farmer for a goat that will give milk that the farmer can sell. D. A loan to a U.S.-owned electronics company to expand overseas.

Economics