Credit unions made it through the 1980s in relatively good shape because
A) most of their depositors were individuals.
B) most of their depositors were businesses.
C) they held many mortgages among their assets.
D) they held no mortgages among their assets.
D
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The Federal Reserve can influence the exchange rate by
A) changing interest rates. B) buying or selling dollars. C) Both answers A and B are correct. D) None of the above answers is correct.
Which of the following statements is false?
A) Imports and exports account for over one-half of the GDP of the Netherlands. B) China is the leading exporting country, accounting for 10.3 percent of total world exports. C) Because the cost of labor used on farms is so high, the United States exports very little of its wheat, rice, and corn crops. D) Japan is less dependent on foreign trade than is the United States.