The main difference between a sterilized intervention and unsterilized intervention in the foreign exchange market is:

A) a sterilized intervention is coordinated with other nations
B) an unsterilized intervention does not change the exchange rate
C) an unsterilized intervention does not change the monetary base
D) a sterilized intervention does not change the monetary base

D

Economics

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Trish grows oregano in her backyard to use in her homemade pesto sauce. How is this gardening included in GDP?

a. It is included in real GDP. b. It is included in nominal GDP. c. It is not included in GDP. d. It is included as an intermediate good.

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We expect the demand curve in the perfectly competitive industry to be

A. negatively sloped. B. vertical. C. horizontal. D. perfectly elastic.

Economics