The Federal Constitution, like the laws under English rule, permitted the U.S. government to
(a) impose taxes to pay for government services and national defense.
(b) regulate commerce with other countries.
(c) create money and regulate its value.
(d) do all of the above.
(d)
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Some nations such as Ecuador chose dollarization because:
a. the currency was depreciating so rapidly it became nearly worthless. b. Ecuadorians wanted to save dollars for eventual emigration to the U.S. c. the Ecuadorian currency was backed by gold,which was confiscated by government officials. d. All of these are reasons why such countries chose dollarization.
Which of the following events would cause the interest rate to rise?
a. a decrease in the demand for loanable funds b. an increase in the demand for loanable funds c. an increase in the supply for loanable funds d. a decrease in aggregate demand