Equilibrium real income is more stable in the face of aggregate autonomous expenditure variability under
A) a floating exchange rate.
B) a pegged exchange rate.
C) a fixed exchange rate.
D) perfect capital mobility systems.
A
Economics
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In describing the progress of the typical person in an economy, measuring the median income always does a better job than measuring the mean income
Indicate whether the statement is true or false
Economics
Which of the following is not a permanent member of the FOMC?
A) The president of the New York Fed B) The president of the Philadelphia Fed C) The chairman of the board of governors D) All of the above are permanent members of the FOMC.
Economics