Suppose the index of leading economic indicators begins to decline for several months. Which of the following economic events will likely follow?
a. A recession.
b. Severe inflation.
c. Greater employment.
d. Higher investment.
a
Economics
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Which is true?
a. M1 has been decreasing over the past six months b. The US dollar has value because it is accepted as payment for goods and services c. the US dollar is backed by US gold reserves d. all
Economics
What is the primary reason exchange rates were overvalued under ISI?
What will be an ideal response?
Economics