The following countries as a group represent the most important markets for U.S. agricultural exports:
A) Developing countries B) Developed countries
C) Centrally planned countries D) Former Soviet Union members
Answer: A
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Considering open market operations, which of the following observations is incorrect? a. it can be implemented quickly and cheaply
b. it can be done quietly without a lot of political debate c. it is potentially the most powerful tool to control the supply of money. d. it is the most important method now used to control the supply of money.
The fact that U.S. currency is legal tender means:
A. it cannot be backed by gold or other metals. B. U.S. currency is good anywhere in the world. C. private businesses in the U.S. and the U.S. government must accept currency for payment. D. the only money the government will accept for settlement of debts is U.S. currency.