A sum of money to be received in the future is worth more than a sum of money today

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Special economic zones in China have been

A) the same as export processing zones. B) centers of economic reform. C) controlled by state run enterprises. D) closed to foreigners. E) poor regions that are targeted for industrial development.

Economics

At the Federal Reserve,

a. the nation's monetary and fiscal policies are made by the Federal Open Market Committee, which meets about every six weeks. b. the nation's monetary and fiscal policies are made by the Federal Open Market Committee, which meets twice a year. c. the nation's monetary policy is made by the Federal Open Market Committee, which meets about every six weeks. d. the nation's monetary policy is made by the Federal Open Market Committee, which meets twice a year.

Economics