A small country is an international borrower if its real interest rate without foreign borrowing is ________ the world real interest rate
A) higher than
B) equal to
C) lower than
D) not comparable to
A
Economics
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Dollarization is a policy action that
A) tries to stabilize the value of the local currency vs. the U.S. dollar. B) adopts the currency of another country as the national medium of exchange. C) mimics policy actions taken by the U.S. Federal Reserve. D) outlaws the holding of foreign currencies other than the U.S. dollar.
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What does the demand curve facing a monopoly look like? Why?
What will be an ideal response?
Economics