In the period 1965 through the 1970s, policymakers pursued ________ policies in order to achieve ________

A) expansionary; high employment
B) expansionary; low inflation
C) contractionary; high employment
D) contractionary; low inflation

A

Economics

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Mulch is shredded wood and is a by-product in the production of lumber. Because these two goods are produced together, they are

A) complements in production. B) substitutes in production. C) inputs into the same production process. D) not related. E) normal goods in production.

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An exchange rate crisis is caused by

A) a sudden and an unexpected collapse in the value of a nation's currency. B) the inability of the IMF to predict the immediate collapse of the currency of a country. C) the adoption of a flexible exchange rate system by a country or group of countries. D) the adoption of a fixed exchange rate system by a country or group of countries. E) Both C and D are correct.

Economics