An economy that engages in international trade is called
A) a cooperative economy.
B) a modern economy.
C) an engaged economy.
D) an open economy.
D
Economics
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An increase in the money stock has no effect on equilibrium income whenever the
a. IS curve is horizontal. b. IS curve is vertical. c. LM curve is vertical. d. LM curve is horizontal.
Economics
In a floating exchange-rate system, government officials must intervene in the foreign exchange market to keep the exchange rate from fluctuating.
Answer the following statement true (T) or false (F)
Economics