During economic fluctuations, individual markets usually move in different directions
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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An expectation that encourages people to behave in a certain way
a. free enterprise b. traditional economy c. incentive d. safety net e. socialism
Economics
Balance of payments crises under fixed exchange rates occur because of
A) government policies that are inconsistent with fixed exchange rates. B) punitive currency wars. C) global inflation and trade imbalances due to war. D) excessive exports and imports that overload the global system. E) monotonic expansion in global currency volume.
Economics