In Latin America, countries like Brazil and Mexico have found it necessary to grant their central banks more independence in order to

a. maintain higher levels of political stability.
b. promote economic growth and employment.
c. counteract high rates of inflation.
d. deal with the consequences of globalization.

c

Economics

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Which of the following is true?

A) MSB = MB + Marginal external benefit. B) MB = Marginal external benefit - MSB. C) MB = Marginal external benefit + MSC. D) MSB = Marginal external cost - marginal external benefit. E) MSB = MB + Marginal external benefit - Marginal external cost.

Economics

To calculate GDP using the expenditure approach, in part it is necessary to

A) add imports and exports. B) add imports and subtract exports. C) add exports and subtract imports. D) subtract both exports and imports.

Economics