If the Federal Reserve buys $3 billion worth of Japanese yen and sells $5 billion of euros, how does this affect the balance of payments?
A) Falls by $2 billion
B) Rises by $2 billion
C) Rises by $3 billion
D) Falls by $5 billion
A
Economics
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According to your text, even powerful financiers and conservative economists are worried that the increasing income and wealth gaps and low wages have
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If a union succeeds in increasing the wage rate by restricting labor supply, then
A) all of its members will be better off. B) some members may lose their jobs. C) all of its members will be worse off. D) more of its members will be employed.
Economics