If the Fed wants to increase the value of the dollar, it will
A) sell foreign securities and buy dollars in international currency markets.
B) buy foreign securities and sell dollars in international currency markets.
C) buy foreign securities and also buy dollars in international currency markets.
D) sell foreign securities and also sell dollars in international currency markets.
A
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What phenomenon does the kinked demand theory attempt to explain? What assumptions does it make? Finally, what criticism has been leveled against the theory?
Frictional unemployment describes
A. recent entrants, re-entrants, and voluntary quits who require only a short time to find new employment. B. the growing number of job seekers whose absence of skills makes them unemployable in any line of work except unskilled, dead-end jobs. C. the loss of jobs resulting from periods of recession. D. extended periods of unemployment during which retraining for new jobs occurs. E. seasonal layoffs and periods without work, such as construction and public school teaching.