Under a floating exchange-rate regime, with a contraction in the money supply, which of the following is likely to happen in the short run?
A. Inflow of foreign capital
B. Deficit in the financial account
C. Rise in the domestic price level
D. Increase in the country's holdings of official international reserves
Answer: A
Economics
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A vertical merger involves
a. two companies in the same line of business joining together b. a buyer's expanding operations forward toward the final customer c. a buyer's expanding operations backward toward the source of raw material d. companies in unrelated lines of business coming together e. b and c
Economics
A demand relationship in which a given percentage change in price will result in a less than proportionate percentage change in quantity demanded is
A. elastic. B. unit-elastic. C. inelastic. D. consistent with zero elasticity.
Economics