An increase in the reserve requirement will lead to increased net exports
Indicate whether the statement is true or false
FALSE
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Why doesn't GDP change in the long run when the money supply changes?
A. Because in the long run, GDP is determined by the fundamental factors of growth, not the money supply. B. Because the money supply changes only in the short run and then returns to its long-run level. C. Because in the long run, GDP is determined by fiscal policy and not by monetary policy. D. Because in the long run, households adjust their savings to counteract any change in the money supply.
Superfund relies in part on strict liability, which means that
a. an individual can be held liable even if negligence is not proven b. only current waste site owners are liable for damages c. polluters can be held liable for damages but not waste site owners d. a single party can be held liable for all damages even if their contribution to damages is minimal