In 1998, Japan decided to make the Bank of Japan, its central bank,

a. more independent.
b. more concerned with fighting inflation.
c. subject to direct control by the Japanese prime minister.
d. subject to direct control by the Diet, the Japanese parliament.

a

Economics

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Today 1 euro can be purchased for $1.10. This is the

A) spot exchange rate. B) forward exchange rate. C) fixed exchange rate. D) financial exchange rate.

Economics

When government revenue is less than government spending, the nation has a:

A. government budget deficit. B. trade surplus. C. trade deficit. D. government budget surplus.

Economics